4564 Bennington AveBaton Rouge, LA 70808

  • Mixed-use properties
  • 5,560 SF
For Sale
$775,000 View listing

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
4564 Bennington Ave, Baton Rouge, Louisiana

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

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
$10,274
$7,500
$78,750
$86,250
-
$75,000
$525,000
$600,000

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