7122 Florida BlvdBaton Rouge, LA 70806
- Investment properties
- 5,600 SF
Property Details for 7122 Florida Blvd
- Year built
- 1982
- Property size (Sq ft)
- 5,600 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 780235
- APU
- 780235
Description
This exceptional 7,294 square foot commercial property in Baton Rouge, Louisiana, presents a unique investment opportunity. Located at 7122 Florida Blvd, this C-Class, two-story building sits on a 0.53-acre lot and boasts ±115.83 feet of frontage on a highly trafficked road (approximately 25,746 vehicles daily). Currently zoned C-2 (Heavy Commercial), the property offers a versatile layout ideal for various uses. The building includes approximately 1,800 square feet of rear warehouse space with a roll-up door, plus additional inventory storage within the main structure. A large showroom and ample office space are also included. The property benefits from dedicated off-street parking on three sides. Its prime location is approximately 1.2 miles from the Airline Highway interchange and a major Amazon distribution center, contributing to significant growth in the area. The property is also conveniently located across Florida Boulevard from the Bon Carre' Technology Park and within half a mile of a new Rouses supermarket under construction. The existing billboard on the property is not currently generating income. The APN is 780235. This property offers high visibility and excellent potential for a variety of commercial ventures. The asking price is $559,000, with a price per square foot of $79.38.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $871,746
- 6.5%
- $804,689
- 7%
- $747,211
-
Comparable approach
- Method
- Valuation
- Relative Method
- $435,716
- Geo Method
- $1,710,120
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,568,730
- Retail / Commercial
- $806,186
- Hospitality / Lodging
- $592,168
- Office
- $801,343
- Institutional / Educational
- $837,045
- Residential Income
- $979,342
- Multifamily
- $1,166,930
- Automotive / Energy
- $717,467
- Parking / Income-Based Land
- $246,228
- Restaurant / Food Service
- $421,465
- Healthcare / Senior Housing
- $823,781
Location Insight
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.451
- Longitude
- -91.1162
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].