5238 Dijon DrBaton Rouge, LA 70808
- Mixed-use properties
- 6,174 SF
Property Details for 5238 Dijon Dr
- Year built
- 1980
- Property size (Sq ft)
- 6,174 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 3005194
- APU
- 3005194
Description
This exceptional Class B medical office building, located at 5238 Dijon Dr, Baton Rouge, LA 70808, presents a unique investment opportunity. The property boasts a total of 6,472 square feet, strategically divided into a spacious 6,184 square foot first floor and a 288 square foot second-floor storage area. The first floor features a comprehensive layout designed for medical practices, including four offices, five labs, eight exam rooms, a dedicated x-ray room, three administrative offices, a welcoming reception/lobby area, a convenient breakroom, and multiple storage rooms. This single-tenant building sits on a 0.73-acre lot and offers ample parking with 52 spaces—a rare advantage in the Baton Rouge Health District. Its prime location places it in close proximity to Our Lady of the Lake Regional Medical Center, Baton Rouge General, and the new Ochsner Hospital, ensuring high visibility and accessibility for patients and staff. The property benefits from convenient access to major thoroughfares, including Perkins Road, Essen Lane, and I-10, all within approximately 14 minutes. The building was renovated in 2023 and is zoned C2 – Heavy Commercial, offering flexibility and potential for future expansion. The APN is 3005194. This is a turnkey opportunity for medical professionals seeking a well-equipped, conveniently located facility in a thriving healthcare market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,074,907
- 6.5%
- $992,222
- 7%
- $921,349
-
Comparable approach
- Method
- Valuation
- Relative Method
- $729,985
- Geo Method
- $2,865,072
-
Alternative Use
- Use
- Valuation
- Residential
- $992,222
- Hospitality
- $908,870
- Educational
- $756,169
- Medical
- $782,175
- Retail
- $1,176,263
Location Insight
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.4031
- Longitude
- -91.112
- 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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