3333 Drusilla LnBaton Rouge, LA 70809

  • Mixed-use properties
  • 14,054 SF
For Sale
$2,950,000 View listing

Property Details for 3333 Drusilla Ln

Year built
1977
Lot size
1.40 AC
Property size (Sq ft)
14,054 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
1951335
APU
1951335

Description

This exceptional 14,500-square-foot medical office building is available for $2,950,000 ($203.45/SF). Located at 3333 Drusilla Ln, Baton Rouge, LA 70809, this vacant property sits on a 1.27-acre lot and boasts 70 parking spaces. The building features 18 exam rooms, an X-Ray suite, a dedicated drug-testing area, and eight professional offices. Ample space is provided for treatment, with spacious treatment hubs and a large conference room. Administrative efficiency is maximized with a supply room, nurse station, and executive suites. The welcoming reception area includes three distinct waiting areas. The property is strategically positioned as the first structure visible from the I-12 ramp, further enhanced by a large, prominent billboard. Zoned C1, this building presents a unique opportunity for medical professionals seeking a high-visibility, functional, and well-equipped facility in a prime Baton Rouge location. The property's investment highlights include its prime I-12 location, dedicated imaging rooms, ample parking, executive offices, and exceptional interstate billboard visibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,446,641
    6.5%
    $2,258,438
    7%
    $2,097,121
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,661,680
    Geo Method
    $6,521,822
  • Alternative Use

    Use
    Valuation
    Residential
    $2,258,438
    Hospitality
    $2,068,717
    Educational
    $1,721,148
    Medical
    $1,780,341
    Retail
    $2,677,342
3333 Drusilla Ln, Baton Rouge, Louisiana

Location Insight

City
Baton Rouge
County
East Baton Rouge
State
Louisiana
Latitude
30.4195
Longitude
-91.0878
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
$9,264
$7,780
$69,990
$77,770
-
$77,800
$466,600
$544,400

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