4845 Main StZachary, LA 70791
- Mixed-use properties
- 24,450 SF
Property Details for 4845 Main St
- Year built
- 2011
- Lot size
- 2.26 AC
- Property size (Sq ft)
- 24,450 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 1513370
- APU
- 1513370
Description
This exceptional opportunity presents 6,252 square feet of vacant, grey shell medical office space for lease within the established Sullivan Medical Office Park in Zachary, Louisiana. Located in Phase II of the complex, this single-story building offers a prime location within a thriving medical submarket (LACDB - 11). The suite is part of a larger 20,050 square foot building situated on a generous 2.25-acre lot (98,008 square feet). The property is classified as Class C and features multiple tenancies, providing a diverse and established environment. The available space is ideal for a variety of medical practices seeking flexible and adaptable office space. Its grey shell condition allows for complete customization to meet specific tenant requirements and build-out preferences. The Sullivan Medical Office Park offers convenient access to major roadways and ample parking, ensuring ease of access for both patients and staff. This is a rare opportunity to secure a significant footprint in a well-regarded medical office complex in a rapidly growing area of East Baton Rouge Parish County. The property's size and location make it an attractive option for expanding or relocating medical practices seeking a prominent presence in the Zachary market. Interested parties are encouraged to inquire for further details and leasing information.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,146,434
- 6.5%
- $3,827,477
- 7%
- $3,554,086
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,890,855
- Geo Method
- $11,346,133
-
Alternative Use
- Use
- Valuation
- Residential
- $3,827,477
- Hospitality
- $3,505,948
- Educational
- $2,916,908
- Medical
- $3,017,225
- Retail
- $4,537,412
Location Insight
- City
- Zachary
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.6489
- Longitude
- -91.1525
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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