Catylist ID:
#30728253
Catylist Listing ID: | 30728253 |
Property Subtypes: | Office, Retail-Pad, Self Storage |
Gross Land Area: | 1.27 Acres |
Sale Price: | $395,000 |
Unit Price: | $311,023 Per Acre |
Sale Terms: | Cash to Seller |
Cap Rate: | Undisclosed |
Last Updated: | 3/6/2024 |
Overview / Comments
PRICE REDUCED from $500,000 ($9.05 psf) to $395,000 ($7.15 psf) Property Highlights: • 1.268+/- Acres (subject to survey) • Excellent visibility and access to all passing traffic on O’Neal Ln. • Zoned “C-2” (heavy commercial) with small strip at rear zoned “B” (off-street parking) • Inside City of Baton Rouge (pop. 216,000+/-); East Baton Rouge Parish (pop. 436,000+/-); and Baton Rouge Metro Area (pop 855,000+/-) • Generally level and mostly wooded • 165’+/- fronting west side of O’Neal Ln. • Served by City of Baton Rouge sanitary sewer mains and Baton Rouge Water Co. water mains, all in O’Neal Ln. R/W • Some adjoining land available for purchase if needed (subject to change) • Flood Zone: Mostly “X” with small part at rear in “AE” (subject to confirmation) Location Highlights: • 2914 O’Neal Ln., Baton Rouge, LA 70816 • In eastern side of Baton Rouge and fronting on the west side of heavily-traveled, 5-lane O’Neal Ln. (LA 3245) which is one of the most significant commercial and retail corridors in eastern Baton Rouge • 1+/- mile south of I-12/O'Neal Ln. interchange and 400'+/- north of S. Harrell's Ferry Rd. • Average daily traffic count for 2019: 28,463 +/- vehicles |
Attachments & Media
Additional Details
Nearest MSA: | Baton Rouge |
County: | East Baton Rouge |
Submarket/Township: | 43 |
Tax ID/APN: | 017-6056-4 |
Zoning: | C-2 |
Property Located Between: | I-12; O'Neal Ln; S. Harrell's Ferry Rd |
Property Visibility: | Excellent |
Largest Nearby Street: | O'Neal Lane (LA 3245) |
Feet of Frontage: | 165 |
Traffic/Vehicle Count: | 28,463 |
Highway Access: | LA 3245 |
Site Description: | Generally level and mostly wooded. |
Area Description: | In eastern side of Baton Rouge and fronting on the west side of heavily-traveled 5-lane O'Neal Ln. (LA 3254) which is one of the most significant commercial retail corridors in eastern Baton Rouge. |
Lot Frontage: | 165 |
Lot Depth: | 364 |
Zoning Description: | Zoned “C-2” (heavy commercial) with small strip at rear zoned “B” (off-street parking) |
Topography: | Level |
Available Utilities: | Electric, Water, Sewer |
Water Service: | Municipal |
Sewer Type: | Municipal |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 2,942 | 77,815 | 169,084 |
Median Age: | 37.63 | 35.52 | 36.02 |
Households: | 1,211 | 30,865 | 67,056 |
Contact
James S DowlingStirling Properties Baton RougeCovington, LA LACDB Member |
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