1514 Cottondale DrBaton Rouge, LA 70815
- Mixed-use properties
- 8,800 SF
Property Details for 1514 Cottondale Dr
- Property size (Sq ft)
- 8,800 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 1039407
- APU
- 1039407
Description
This 8,600 square foot property, located at 1514 Cottondale Dr in Baton Rouge, Louisiana, 70815, offers a unique blend of office and warehouse space. Currently configured as a fully built-out veterinary office, the adaptable layout is easily convertible for various office uses. The rear of the building includes a substantial warehouse area, providing flexibility for businesses requiring both office and storage space. Situated on a 0.42-acre lot in a quiet business park approximately 1500 feet from Airline Highway, this location provides a tranquil yet accessible workspace. The property benefits from excellent connectivity, with convenient access (approximately 3-4 minutes) to major thoroughfares like Florida Boulevard and Interstate 12. Ample dedicated, off-street parking and signage are included, enhancing the property's appeal and functionality. The asking price is $799,000, translating to $92.91 per square foot. This presents an exceptional opportunity for an owner-occupant seeking a centrally located and versatile commercial space in Baton Rouge. The property's adaptability makes it suitable for a range of businesses, potentially including office, industrial, or retail operations.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,531,918
- 6.5%
- $1,414,078
- 7%
- $1,313,073
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,040,471
- Geo Method
- $4,083,680
-
Alternative Use
- Use
- Valuation
- Residential
- $1,414,078
- Hospitality
- $1,295,288
- Educational
- $1,077,664
- Medical
- $1,114,727
- Retail
- $1,676,367
Location Insight
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.4389
- Longitude
- -91.0829
- 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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