Development Tract on O'Neal Lane at I-12

1576 O'Neal Lane, Baton Rouge, LA

$3,240,712

Price

19.839 acres

Lot Area

 
Overview
Lot Area
19.839 acres
Description

This large tract of land (±19.839 Acres) is located just off the Interstate 12 exit at O'Neal Lane.

The property is situated ±950 feet north of Interstate 12 and boasts ±375.99 feet of frontage on O'Neal Lane, allowing for multiple entry points or outparcel opportunities.

The property could be easily subdivided after acquisition for multiple uses and it is currently zoned for most commercial or residential development concepts.

A multifamily development borders the subject property to the south and the Avalon residential neighborhood borders the subject property along the west side.

The O'Neal Lane corridor in Baton Rouge is a strong retail and residential-based submarket with many strong brands including: Walmart Supercenter, AMC Theatres, Starbucks, Popeye's, Walgreens, McDonald's, Ochsner Medical Center Baton Rouge (Hospital with 150 beds), Taco Bell, Waffle House, Dollar Tree, Regions Bank, Take 5 Oil Change, Sonic, and many more.

Aldi Grocery recently purchased a parcel of land ±0.8 miles south of the subject property and is rumored to begin construction on their new location in the coming months.

Two structures exist on the property (at no value) and an ±10,000 SF pond is located near the center of the property.

+/-400 ft of frontage on the West side of O'Neal Lane

Highlights
  • ±950 feet from I-12 Exit Ramp (±111,397 Daily Traffic on I-12)
  • Zoned for commercial, multifamily, or residential
  • Closest Tract of Land (10+ Ac.) to Interstate in O'Neal Corridor
  • ±375.99 feet of frontage on O'Neal Lane
Documents

Location
Gallery