343 3Rd StBaton Rouge, LA 70801

Property Details for 343 3Rd St

Lot size

1.00 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

176370

APU

176370

Description

The Roumain Building, located at 343 3rd St, Baton Rouge, LA 70801, offers a diverse range of office spaces for lease. This Class B building boasts a total of 28,195 square feet, with a minimum divisible space of 200 square feet. Currently, there are 15,790 square feet of vacant space available, providing excellent opportunities for businesses of various sizes. Five individual spaces are immediately available, ranging from 300 to 6,482 square feet, catering to a wide spectrum of needs. The building features multiple tenancies, allowing for flexibility and adaptability. Modern conveniences include elevators for easy access to all floors. The property's Assessed Parcel Number (APN) is 001-7637-0. This strategically located Baton Rouge office building presents a compelling opportunity for businesses seeking efficient and well-appointed office space in a thriving Louisiana market. Inquire today to explore the available options and secure your ideal workspace within this versatile property.

• CAP approach

  CAP return

  Valuation

  6%

  $7,389,514

  6.5%

  $6,821,090

  7%

  $6,333,870

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,150,333

  Geo Method

  $20,214,214

• Alternative Use

  Use

  Valuation

  Residential

  $6,821,090

  Hospitality

  $6,248,082

  Educational

  $5,198,330

  Medical

  $5,377,109

  Retail

  $8,086,292

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.45

Longitude

-91.1886

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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