14241 Airline HwyBaton Rouge, LA 70817

Property Details for 14241 Airline Hwy

Year built

2008

Lot size

2.58 AC

Property size (Sq ft)

19,780 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

2330024

APU

2330024

Description

Barringer Crossing I, located at 14241 Airline Hwy, Baton Rouge, LA 70817, presents a prime opportunity for businesses seeking office space in a thriving South Baton Rouge location. This single-story, 24,120 square foot building offers a flexible layout with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 2,000 square feet currently available. The property boasts a 10-foot ceiling height and ample parking, with a ratio of 5 spaces per 1,000 square feet. Situated on a generous 27-acre lot, the building is zoned M-1 and is part of a larger business community, offering convenient access to major transportation arteries. Its proximity to I-10 and I-12 ensures easy commuting, while Ryan Airport is only a 30-minute drive away. The property's strategic location is further enhanced by its adjacency to the 216,720 square foot Barringer Foreman Technology Park, creating a synergistic environment for businesses. This exceptional opportunity allows for immediate occupancy of the available 2,000 square feet of vacant space. The property's size and location make it ideal for a variety of businesses seeking a well-situated and accessible office space in a growing commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,443,275

  6.5%

  $3,178,408

  7%

  $2,951,379

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,338,696

  Geo Method

  $9,178,998

• Alternative Use

  Use

  Valuation

  Residential

  $3,178,408

  Hospitality

  $2,911,405

  Educational

  $2,422,254

  Medical

  $2,505,560

  Retail

  $3,767,952

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.3656

Longitude

-91.0228

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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