10530 Airline HwyBaton Rouge, LA 70816

  • Mixed-use properties
  • 21,339 SF
For Lease
$8/SF/YR View listing

Property Details for 10530 Airline Hwy

Year built
1984
Property size (Sq ft)
21,339 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
443581
APU
443581

Description

This exceptional 23,570-square-foot commercial property, located at 10530 Airline Highway in Baton Rouge, Louisiana, presents a significant opportunity for businesses seeking a prominent location. The property is classified as retail and office space, specifically an executive office, storefront, and traditional commercial space, all within a single-tenant occupancy building. The building features climate-controlled interiors, ideal for a variety of uses including retail, office space, showroom, or storage. Logistics are simplified with a convenient roll-up door for deliveries, and ample parking is available, including space for large trucks to easily maneuver. Its strategic location on Airline Highway provides excellent accessibility to major thoroughfares such as Jefferson Highway, I-10, and I-12, ensuring convenient commutes for employees and customers. Situated in South Baton Rouge, this property benefits from a well-established commercial area. The property's APN is 004-4358-1, and it is located in East Baton Rouge Parish, Louisiana, zip code 70816. The entire 23,570 square feet is currently vacant. This presents a unique chance to customize the space to perfectly suit your business needs. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,714,750
    6.5%
    $3,429,000
    7%
    $3,184,072
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,523,025
    Geo Method
    $9,902,459
  • Alternative Use

    Use
    Valuation
    Residential
    $3,429,000
    Hospitality
    $3,140,946
    Educational
    $2,613,230
    Medical
    $2,703,103
    Retail
    $4,065,024
10530 Airline Hwy, Baton Rouge, Louisiana

Location Insight

City
Baton Rouge
County
East Baton Rouge
State
Louisiana
Latitude
30.411
Longitude
-91.0669
CBSA code
12940
CBSA name
BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,516
$30,280
$86,060
$116,340
-
$302,800
$573,733
$876,533

FAQs

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