8913 Bluebonnet BlvdBaton Rouge, LA 70810
- Mixed-use properties
- 6,172 SF
Property Details for 8913 Bluebonnet Blvd
- Year built
- 1995
- Property size (Sq ft)
- 6,172 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 3125165
- APU
- 3125165
Description
This exceptional 5,551-square-foot medical office building is strategically located at 8913 Bluebonnet Blvd in Baton Rouge, Louisiana, within the desirable Bluebonnet Corridor. Built in 1995, the property sits on a spacious 20,961-square-foot lot and offers ample parking with 27 spaces. The building features two units, providing flexibility for multiple tenants or a single owner-occupier. The asking price is $995,000, translating to $179.25 per square foot. The entire 5,551 square feet is net rentable, maximizing usable space. Its prominent location offers excellent visibility and signage opportunities, making it an ideal location for medical or dental practices seeking high visibility and accessibility. The property's versatile layout allows for customization to suit various healthcare needs. This is a rare opportunity to acquire a well-maintained, established medical office building in a high-traffic area of Baton Rouge, offering significant potential for return on investment. The zip code is 70810, and the property is situated in East Baton Rouge Parish.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,074,591
- 6.5%
- $991,930
- 7%
- $921,078
-
Comparable approach
- Method
- Valuation
- Relative Method
- $729,749
- Geo Method
- $2,864,144
-
Alternative Use
- Use
- Valuation
- Residential
- $991,930
- Hospitality
- $908,603
- Educational
- $755,947
- Medical
- $781,945
- Retail
- $1,175,917
Location Insight
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.3681
- Longitude
- -91.103
- 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
FAQs
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