13625 Choctaw DrBaton Rouge, LA 70815

Property Details for 13625 Choctaw Dr

Year built

2001

Property size (Sq ft)

13,830 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

1073257

APU

1073257

Description

This exceptional 13,862-square-foot industrial warehouse in Baton Rouge, Louisiana, is now available for $920,000. Situated on a 1.27-acre lot at 13625 S Choctaw Dr, 70815, this property boasts a prime location near S Choctaw Dr and N Flannery Rd, offering convenient access to Florida Blvd, the Central Thruway, and I-12 (7-minute drive). Built in 2000, the warehouse features approximately 11,013 square feet of warehouse space and approximately 2,849 square feet of office space currently undergoing renovations to enhance functionality and appeal. The warehouse is equipped with two 14-foot roll-up doors, allowing for easy access for eighteen-wheelers, making it ideal for logistics or distribution businesses. A significant advantage is the inclusion of a large laydown yard, further enhancing its suitability for various industrial uses. The price per square foot is $66.37. This property presents a compelling investment opportunity due to its size, location, and recent renovations. The property's proximity to major roadways ensures efficient transportation and distribution capabilities. The combination of warehouse and office space caters to a wide range of business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $2,407,144

  6.5%

  $2,221,979

  7%

  $2,063,266

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,635,195

  Geo Method

  $6,417,874

• Alternative Use

  Use

  Valuation

  Residential

  $2,221,979

  Hospitality

  $2,035,321

  Educational

  $1,693,363

  Medical

  $1,751,600

  Retail

  $2,634,120

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4732

Longitude

-91.0345

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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