5238 Dijon DrBaton Rouge, LA 70808

  • Mixed-use properties
  • 6,174 SF
For Sale
$1,225,000 View listing

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
5238 Dijon Dr, Baton Rouge, Louisiana

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

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
$8,098
$15,450
$52,530
$67,980
-
$154,500
$350,200
$504,700

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