10530 Airline HwyBaton Rouge, LA 70816

Property Details for 10530 Airline Hwy

Year built

1984

Property size (Sq ft)

21,339 SF

Property type

Investment properties

Property subtype

Retail residential 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.

• 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

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

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