1257 Barman AveGonzales, LA 70737

Property Details for 1257 Barman Ave

Lot size

0.12 AC

Property type

Commercial real estate

APN

2199600

APU

2199600

Description

This 1,406 square foot commercial building in Gonzales, Louisiana, presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located space. Situated on a 0.14-acre lot on Airline Highway, the property boasts high visibility, directly across from the Malco Theatre and behind a Verizon store. The building features a spacious lobby/classroom area (31.6 x 13.8 feet), perfect for client meetings or training sessions. Four private offices (ranging from 13.2 x 10.1 feet to 9.7 x 10.3 feet) offer ample space for individual work or team collaboration. Additional amenities include a kitchen (11.4 x 9 feet), a copy room (9.8 x 5 feet), and a restroom (9.8 x 5 feet), along with multiple storage closets. Currently, one office space is occupied by a tenant. The property benefits from a recently updated roof (installed within the last two years) and a new AC system installed in 2022, ensuring energy efficiency and low maintenance costs. The strategic location is further enhanced by the construction of a new, major shopping center next door, promising increased foot traffic and business opportunities. This property is ideal for a variety of businesses seeking a thriving location with modern amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $831,647

  6.5%

  $767,674

  7%

  $712,840

• Comparable approach

  Method

  Valuation

  Relative Method

  $398,720

  Geo Method

  $371,587

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,498,280

  Retail / Commercial

  $770,874

  Mixed-Use / Specialty

  $770,145

  Hospitality / Lodging

  $567,661

  Office

  $767,674

  Institutional / Educational

  $801,363

  Residential Income

  $937,594

  Multifamily

  $1,113,300

  Automotive / Energy

  $686,882

  Parking / Income-Based Land

  $235,039

  Restaurant / Food Service

  $404,870

  Healthcare / Senior Housing

  $787,698

Location Insight

City

Gonzales

County

Ascension

State

Louisiana

Latitude

30.2429

Longitude

-90.9188

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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