2237 Acadian ThruwayBaton Rouge, LA 70808

Property Details for 2237 Acadian Thruway

Year built

1983

Lot size

3.46 AC

Property size (Sq ft)

121,222 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

179868

APU

179868

Description

Acadia Trace Office Building offers 15,624 square feet of immediately available Class A office space in Baton Rouge, Louisiana. This two-building complex, totaling 136,500 square feet, boasts eight stories and features executive and creative office suites ranging from 1,926 to 8,169 contiguous square feet. Located at 2237 S Acadian Thruway, zip code 70808, in the Acadian Business District, this property benefits from its proximity to Interstate 10 and the Baton Rouge central business district. Recently completed, a $26 million renovation, designed by EskewDumezRipple, has modernized the space, including updated floor plans ideal for multiple corner offices and ADA-compliant restrooms. Tenants enjoy spectacular views, 24-hour on-site security, a 2,700 square foot cafe, mail and copy center, and covered parking (limited reserved parking available at an additional cost). The property sits on a 3.45-acre lot, is zoned C2, and has a total of 4:1 parking ratio. The building was constructed in 1985 and features multiple tenancy options. This is a prime opportunity for corporate headquarters or other businesses seeking high-quality office space in a desirable location. The East Baton Rouge Parish location offers easy access to major transportation routes and amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $20,562,832

  6.5%

  $18,981,076

  7%

  $17,625,284

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,332,729

  Geo Method

  $56,253,616

• Alternative Use

  Use

  Valuation

  Residential

  $18,981,076

  Hospitality

  $17,386,564

  Educational

  $14,465,416

  Medical

  $14,962,904

  Retail

  $22,501,758

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4269

Longitude

-91.1498

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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