3446 Drusilla LnBaton Rouge, LA 70809
- Mixed-use properties
- 131,502 SF
Property Details for 3446 Drusilla Ln
- Year built
- 2001
- Property size (Sq ft)
- 131,502 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 2037149
- APU
- 2037149
Description
Drusilla Village, a Class B neighborhood shopping center in Baton Rouge, Louisiana, offers exceptional retail space for lease. This single-story, 94,134 square foot center sits on an expansive 11.8-acre lot (514,116 square feet) and is conveniently located at 3446 Drusilla Ln, at the intersection of Jefferson Hwy and Drusilla Lane. The property boasts a C2 zoning designation and features a total of seven available spaces, ranging from a minimum of 1,381 square feet to a maximum contiguous space of 23,000 square feet. Currently, there are 38,879 square feet of vacant space ready for immediate occupancy. The center underwent renovations in 2021, ensuring modern amenities for tenants and customers. Its prime location in the LACDB - 61 submarket of East Baton Rouge Parish (APN: 020-3714-9) provides excellent visibility and accessibility. This is an exceptional opportunity for businesses seeking a well-maintained, strategically located retail space in a thriving Baton Rouge community. The property's size and flexible space options cater to a wide range of retail needs. Contact us today to learn more about leasing opportunities at Drusilla Village.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $22,893,118
- 6.5%
- $21,132,110
- 7%
- $19,622,674
-
Comparable approach
- Method
- Valuation
- Relative Method
- $15,548,188
- Geo Method
- $61,024,096
-
Alternative Use
- Use
- Valuation
- Residential
- $21,132,110
- Hospitality
- $19,356,898
- Educational
- $16,104,713
- Medical
- $16,658,578
- Retail
- $25,051,776
Location Insight
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.4198
- Longitude
- -91.0903
- 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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