3000 Main StBaker, LA 70714

Property Details for 3000 Main St

Year built

1986

Lot size

4.29 AC

Property size (Sq ft)

59,281 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

3068757

APU

3068757

Description

This exceptional Baker, Louisiana warehouse offers 61,353 square feet of space, divisible to 8,642 square feet minimum. Located on Main Street, this property boasts convenient access to Baton Rouge (15 minutes), Lafayette (1 hour), and New Orleans (1.5 hours). The 4-building complex features 12-18' ceiling heights, heavy electrical power, and ample parking (50 spaces). Loading dock amenities include 2 loading docks and 4 dock-high doors, complemented by 8 drive-in doors. The property sits on a 4.55-acre lot and includes a paved lay-down yard. Built in 1988, this single-story warehouse is zoned C2 and offers a variety of configurations to suit diverse business needs. The property's strategic location within the Zachary submarket of Baton Rouge provides excellent regional connectivity. Taxes are $0.24 per square foot. Currently, the entire 61,353 square feet is vacant and available for lease. Potential for lease incentives.

• CAP approach

  CAP return

  Valuation

  6%

  $10,054,100

  6.5%

  $9,280,708

  7%

  $8,617,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,009,112

  Geo Method

  $27,509,614

• Alternative Use

  Use

  Valuation

  Residential

  $9,280,708

  Hospitality

  $8,501,079

  Educational

  $7,072,798

  Medical

  $7,316,042

  Retail

  $11,002,130

Location Insight

City

Baker

County

East Baton Rouge

State

Louisiana

Latitude

30.6079

Longitude

-91.1629

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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