7976 Commerce AveBaton Rouge, LA 70815

Property Details for 7976 Commerce Ave

Year built

1982

Property size (Sq ft)

6,021 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

972355

APU

972355

Description

This exceptional 18,264-square-foot warehouse, situated on a 0.58-acre lot in Baton Rouge, Louisiana (70815), presents a compelling investment opportunity. The single-story building, zoned M1, features 17,152 square feet of office and industrial space, priced at $26.24 per square foot. Boasting two loading docks, three-phase power, and full insulation, this property is ideally located near major transportation arteries including Airline Hwy, Hwy 190, I-10, and I-12, making it suitable for distribution and warehouse operations. The current tenant has occupied the building for seven years, providing a stable income stream. The property includes 25,139 square feet of land and is offered as a 1031 exchange opportunity. This is a rare chance to acquire a well-maintained, strategically located industrial asset in a thriving Baton Rouge submarket (LACDB - 41). The property's size, location, and existing tenancy make it an attractive addition to any investment portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $1,021,180

  6.5%

  $942,627

  7%

  $875,297

• Comparable approach

  Method

  Valuation

  Relative Method

  $711,895

  Geo Method

  $2,794,072

• Alternative Use

  Use

  Valuation

  Residential

  $942,627

  Hospitality

  $863,442

  Educational

  $718,373

  Medical

  $743,079

  Retail

  $1,117,470

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4675

Longitude

-91.1018

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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