10699 Airline HwyBaton Rouge, LA 70816
- Mixed-use properties
- 13,484 SF
Property Details for 10699 Airline Hwy
- Year built
- 2001
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 13,484 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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