6949 Commerce CirBaton Rouge, LA 70809
- Mixed-use properties
- 7,310 SF
Property Details for 6949 Commerce Cir
- Year built
- 2008
- Lot size
- 0.72 AC
- Property size (Sq ft)
- 7,310 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 2455897
- APU
- 2455897
Description
This exceptional 1,940 square foot Class A medical office space is available for lease in Baton Rouge, Louisiana. Located at 6949 Commerce Circle, this single-tenant property boasts a prime location just off Corporate Boulevard, near the new Farm Bureau Headquarters and the upscale Towne Center retail development. The building's PUD zoning ensures flexibility for various medical uses. The space previously served as a lab, offering adaptable layouts for a variety of medical practices. Its convenient access to major thoroughfares, including I-10 and I-12, provides excellent accessibility for both patients and staff. The College exit for I-10 is only 1.5 miles away, and the Essen exit for I-12 is approximately 2.1 miles away. Enjoy the convenience of numerous nearby restaurants, including Newk's, Starbucks, P.F. Chang's, Fleming's, Walk-Ons, Five Guys, Zea, and Cava, among others. This property presents a unique opportunity to establish or expand a medical practice in a thriving and highly accessible location within Baton Rouge's premier commercial district. The zip code is 70809.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,239,907
- 6.5%
- $1,144,530
- 7%
- $1,062,778
-
Comparable approach
- Method
- Valuation
- Relative Method
- $864,301
- Geo Method
- $3,392,238
-
Alternative Use
- Use
- Valuation
- Residential
- $1,144,530
- Hospitality
- $1,048,383
- Educational
- $872,242
- Medical
- $902,240
- Retail
- $1,356,821
Location Insight
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.4296
- Longitude
- -91.1201
- 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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