1514 Cottondale DrBaton Rouge, LA 70815

  • Mixed-use properties
  • 8,800 SF
For Sale
$799,000 View listing

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
1514 Cottondale Dr, Baton Rouge, Louisiana

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

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
$6,871
$2,060
$55,620
$57,680
-
$20,600
$370,800
$391,400

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