9244 Florida BlvdBaton Rouge, LA 70815

Property Details for 9244 Florida Blvd

Year built

1985

Property size (Sq ft)

3,380 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

1027085

APU

1027085

Description

This exceptional office property, located at 9244 Florida Blvd in Baton Rouge, Louisiana, offers 1,400 square feet of immediately available space in a two-building complex. The building, constructed in 1981, features a single story design with a total of 9,999 square feet. The available suite, previously occupied by Franklin Financial, boasts a spacious main area suitable for multiple workstations, three private offices, a reception area, a kitchenette, and a restroom. Its prime location on Florida Boulevard ensures high visibility and easy access, situated directly across from an Amazon Distribution Center, guaranteeing significant foot and vehicle traffic. The suite is ideal for a variety of businesses, including traditional office, executive office, and medical office uses, reflecting the property's flexible zoning classification (C). Municipal power ensures reliable service. The property's APN is 010-2708-5, and it's situated in East Baton Rouge Parish, Louisiana, zip code 70815. The property is multi-tenant, offering a vibrant and collaborative work environment. This is a rare opportunity to secure a well-appointed office space in a high-demand location. Don't miss out on this chance to establish your business in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $588,387

  6.5%

  $543,127

  7%

  $504,332

• Comparable approach

  Method

  Valuation

  Relative Method

  $399,636

  Geo Method

  $1,568,504

• Alternative Use

  Use

  Valuation

  Residential

  $543,127

  Hospitality

  $497,501

  Educational

  $413,915

  Medical

  $428,150

  Retail

  $643,868

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4537

Longitude

-91.0861

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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