8900 Choctaw DrBaton Rouge, LA 70815

  • Mixed-use properties
  • 2.84 AC
For Lease
$16/SF/YR View listing

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
8900 Choctaw Dr, Baton Rouge, Louisiana

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

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
$26,724
$40,000
$184,340
$224,340
-
$400,000
$1,228,933
$1,628,933

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