6939 Choctaw DrBaton Rouge, LA 70806

Property Details for 6939 Choctaw Dr

Property size (Sq ft)

10,690 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

726923

APU

726923

Description

This exceptional 10,740-square-foot warehouse, located at 6939 S. Choctaw Dr in Baton Rouge, Louisiana, presents a significant opportunity for businesses seeking flexible industrial space. Built in 1984, this single-story building sits on a 0.68-acre lot and is zoned M-1. The property features a total of five loading docks, providing efficient and convenient access for loading and unloading operations. In addition to the five dock-high doors, there are also five drive-in doors, offering versatile options for material handling. The entire 10,740 square feet is currently vacant, allowing for complete customization to meet specific business needs. The property's classification includes warehouse, distribution, showroom, free-standing, and light industrial uses, making it suitable for a wide range of operations. Its location in East Baton Rouge Parish, zip code 70806, offers excellent access to major transportation routes, enhancing logistical efficiency. This property is perfect for businesses requiring ample space and convenient loading capabilities. The multiple tenancy option allows for flexibility in lease arrangements. The APN is 726923.

• CAP approach

  CAP return

  Valuation

  6%

  $1,813,122

  6.5%

  $1,673,651

  7%

  $1,554,105

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,263,936

  Geo Method

  $4,960,742

• Alternative Use

  Use

  Valuation

  Residential

  $1,673,651

  Hospitality

  $1,533,056

  Educational

  $1,275,484

  Medical

  $1,319,350

  Retail

  $1,984,086

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4705

Longitude

-91.1193

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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