636 Highlandia DrBaton Rouge, LA 70810
- Mixed-use properties
- 8,600 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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