8900 Choctaw DrBaton Rouge, LA 70815
- Mixed-use properties
- 2.84 AC
Property Details for 8900 Choctaw Dr
- Lot size
- 2.84 AC
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 30835193
- APU
- 30835193
Description
This ±7,088 square foot office space is available for lease in Baton Rouge, Louisiana, at 8900 S Choctaw Dr, 70815. The property is situated in a well-designed building at the prominent corner of S Choctaw Dr and Oak Villa Blvd, benefiting from approximately 31,768 daily vehicle traffic. The suite offers approximately 6,625 square feet of contiguous office space, supplemented by approximately 463 square feet of shared common areas, including restrooms, a lobby, and a breakroom. The interior layout is versatile, featuring private offices, conference rooms, open cubicle areas, a file/copy room, mechanical closets, and a dedicated break room. This functional space is suitable for a variety of professional uses. Monument signage is available at this highly visible location. The building enjoys a central location, with convenient access to major transportation arteries. It's approximately one mile from Airline Hwy and within ten minutes of I-12, providing easy commutes for employees and clients. The property is classified as Office, Industrial, with subtypes including Traditional Office, Manufacturing, Flex, Warehouse, and Distribution, making it suitable for a range of businesses. Multiple tenancies are available. Lease brochures and floor plans are available online. This prime location offers excellent visibility and accessibility, making it an ideal space for businesses seeking a functional and well-located office in Baton Rouge.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $21,534,946
- 6.5%
- $19,878,412
- 7%
- $18,458,526
-
Comparable approach
- Method
- Valuation
- Relative Method
- $14,626,898
- Geo Method
- $57,408,184
-
Alternative Use
- Use
- Valuation
- Residential
- $19,878,412
- Hospitality
- $18,208,518
- Educational
- $15,149,274
- Medical
- $15,670,281
- Retail
- $23,565,536
Location Insight
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.471
- Longitude
- -91.0898
- 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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- Please email our support team at [email protected] and they will add the team member.
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