4564 Bennington AveBaton Rouge, LA 70808
- Mixed-use properties
- 5,560 SF
Property Details for 4564 Bennington Ave
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 5,560 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 793264
- APU
- 793264
Description
This ±5,600 square foot freestanding building at 4564 Bennington Ave, Baton Rouge, LA 70808, is available for sale or lease. Located in the heart of the College Drive retail corridor, this single-tenant property enjoys a prime location directly adjacent to Gino's, a well-established Baton Rouge restaurant. The building offers a fully operational kitchen and bar, making it an ideal turnkey opportunity for a hospitality owner-operator. Its convenient location provides ±3-minute access to I-10, ensuring easy accessibility for customers throughout the Baton Rouge Metropolitan Statistical Area. The property boasts prominent pylon signage for maximum visibility in this busy commercial area and includes ample off-street parking. The lease is a NNN type. This exceptional property presents a rare chance to acquire a well-equipped restaurant space in a high-traffic location. The building is situated in East Baton Rouge Parish, zip code 70808.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $943,126
- 6.5%
- $870,578
- 7%
- $808,394
-
Comparable approach
- Method
- Valuation
- Relative Method
- $657,389
- Geo Method
- $2,580,143
-
Alternative Use
- Use
- Valuation
- Residential
- $870,578
- Hospitality
- $797,444
- Educational
- $663,464
- Medical
- $686,282
- Retail
- $1,032,056
Location Insight
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.4201
- Longitude
- -91.1392
- 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
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