3340 Highland RdBaton Rouge, LA 70802

Property Details for 3340 Highland Rd

Year built

1997

Property size (Sq ft)

7,236 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

716855

APU

716855

Description

This exceptional 4,634-square-foot retail storefront presents a rare opportunity in Baton Rouge's desirable North Gate area. Located at 3340 Highland Road, zip code 70802, this single-tenant space is entirely vacant and ready for immediate occupancy. The property boasts a C-AB-1 zoning classification, offering flexibility for a wide range of retail businesses. Its prominent location provides excellent visibility and accessibility for customers. The building's total square footage mirrors the vacant square footage, ensuring complete control and customization for the new tenant. This is an ideal space for businesses seeking a high-traffic location with ample space to establish a strong presence in the Baton Rouge market. The property's size and zoning make it suitable for a variety of retail concepts, from boutiques and restaurants to specialty stores and service providers. Serious inquiries are encouraged to explore the potential of this exceptional retail opportunity. The property is situated in Baton Rouge, Louisiana, offering convenient access to major roadways and a thriving local community. This is a unique chance to secure a substantial retail space in a prime location with immediate availability. Don't miss this chance to establish your business in a highly visible and accessible area. Contact us today to schedule a viewing and discuss your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $1,227,524

  6.5%

  $1,133,099

  7%

  $1,052,164

• Comparable approach

  Method

  Valuation

  Relative Method

  $855,551

  Geo Method

  $3,357,898

• Alternative Use

  Use

  Valuation

  Residential

  $1,133,099

  Hospitality

  $1,037,913

  Educational

  $863,531

  Medical

  $893,229

  Retail

  $1,343,271

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4175

Longitude

-91.1767

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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