636 Highlandia DrBaton Rouge, LA 70810

  • Mixed-use properties
  • 8,600 SF
For Lease
$12/SF/YR View listing

Property Details for 636 Highlandia Dr

Year built
1982
Property size (Sq ft)
8,600 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
1759078
APU
1759078

Description

This exceptional 13,000-square-foot office warehouse in Baton Rouge, Louisiana, presents a unique leasing opportunity. Situated on a 1.09-acre lot at 636 Highlandia Dr, 70810, this single-story building offers flexible space configurations. The property is zoned R and boasts one dock-high door, making it ideal for businesses requiring both office and warehouse functionality. Multiple tenancy options are available, with spaces ranging from a minimum of 5,475 square feet to a maximum contiguous space of 14,103 square feet. Currently, 41,206 square feet are vacant, providing ample room for expansion or customization. The building, originally a warehouse, has been largely converted to office space over time. The landlord is actively seeking a long-term tenant and is willing to invest in build-outs for qualified candidates. This prime location off Highland Road near I-10 in South Baton Rouge offers excellent access to major transportation routes, making it an attractive option for businesses seeking convenient logistics and a strong presence in the Baton Rouge market. The property's classification includes Creative Office, Flex, Warehouse, and Distribution sub-types, catering to a diverse range of business needs. This is a rare opportunity to secure a well-located, adaptable space in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,497,152
    6.5%
    $1,381,987
    7%
    $1,283,274
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,016,824
    Geo Method
    $3,990,869
  • Alternative Use

    Use
    Valuation
    Residential
    $1,381,987
    Hospitality
    $1,265,893
    Educational
    $1,053,208
    Medical
    $1,089,429
    Retail
    $1,638,323
636 Highlandia Dr, Baton Rouge, Louisiana

Location Insight

City
Baton Rouge
County
East Baton Rouge
State
Louisiana
Latitude
30.3393
Longitude
-91.027
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
$5,780
$9,270
$40,320
$49,590
-
$92,700
$268,800
$361,500

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