9178 Hooper Rd Baton Rouge, LA 70818
This exceptional 3.42-acre commercial property, located at 9178 Hooper Rd in Baton Rouge, Louisiana, presents a unique investment opportunity. Situated on the corner of Hooper and Blackwater Roads within the City of Central, this B2 zoned lot boasts high traffic counts, ensuring maximum visibility for any commercial development. The property includes a substantial existing structure: a 50+-year-old, three-bedroom, two-bathroom home with an attached shop/storage area and a paved parking pad. This existing building offers versatile options; it could be repurposed as temporary office space, used as a rental property, or removed to make way for new construction. The ample parking and existing shop area provide immediate utility. The property's prime location and significant size make it ideal for a variety of commercial ventures, capitalizing on the high traffic volume and excellent visibility. The asking price for this exceptional property is $350,000. The zip code is 70818, and the property is in East Baton Rouge Parish. This is a rare opportunity to acquire a substantial commercial lot with existing improvements in a high-traffic area of Baton Rouge.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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