10699 Airline HwyBaton Rouge, LA 70816

Property Details for 10699 Airline Hwy

Year built

2001

Lot size

1.00 AC

Property size (Sq ft)

13,484 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

1070517

APU

1070517

Description

This exceptional 1,975-square-foot single-tenant office and retail space is ideally situated at 10699 Airline Hwy in Baton Rouge, Louisiana, zip code 70816. The property, classified as Class B, boasts a prime location offering excellent street visibility and high foot traffic due to its proximity to major thoroughfares including I-10, Jefferson Hwy, and Siegen Ln. The building, a single-story structure on a 33,977-square-foot lot, is zoned C-2 and features one restroom, a lobby/reception area, and seven versatile rooms suitable for various office configurations. Ample parking is available both in front and behind the building. This flexible space is perfect for a variety of uses, including office, retail, or a combination of both. The property's location within a vibrant commercial district, near establishments such as Walmart Neighborhood Market, Costco, car dealerships, Siegen Plaza, and The Chimes East, ensures high visibility and accessibility. The property's APN is 010-7051-7, and it's located in East Baton Rouge Parish, submarket 43. This is a rare opportunity to secure a well-positioned, functional space in a thriving commercial area. The building has no elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $2,347,313

  6.5%

  $2,166,750

  7%

  $2,011,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,594,286

  Geo Method

  $6,257,311

• Alternative Use

  Use

  Valuation

  Residential

  $2,166,750

  Hospitality

  $1,984,732

  Educational

  $1,651,273

  Medical

  $1,708,063

  Retail

  $2,568,648

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4089

Longitude

-91.062

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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