4716 Hooper RdBaton Rouge, LA 70811
- Mixed-use properties
- 1,371 SF
Property Details for 4716 Hooper Rd
- Year built
- 1990
- Lot size
- 0.87 AC
- Property size (Sq ft)
- 1,371 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 309311
- APU
- 309311
Description
This exceptional commercial property, located at 4716 Hooper Rd, Baton Rouge, LA 70811, presents a unique investment opportunity. The property boasts a 525 square foot building constructed in 1990, situated on a sizable 0.9-acre lot (APN: 003-0931-1). Previously operating as a Chevron gas station, the property is zoned C-2, allowing for a wide range of commercial and retail uses. The site includes a substantial 3,273 square foot canopy and a 550 square foot car wash facility, adding significant potential for various business ventures. The asking price is $200,000, translating to $380.95 per square foot. Its strategic corner location at the intersection of Plank Road and Hooper Road offers excellent visibility and accessibility, making it an ideal location for a thriving business. The property's ample space and versatile zoning provide a solid foundation for a variety of commercial enterprises. This is a rare opportunity to acquire a well-located, established commercial property in a growing Baton Rouge market. Don't miss out on this chance to own a piece of Baton Rouge's commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $232,533
- 6.5%
- $214,646
- 7%
- $199,314
-
Comparable approach
- Method
- Valuation
- Relative Method
- $162,101
- Geo Method
- $636,219
-
Alternative Use
- Use
- Valuation
- Residential
- $214,646
- Hospitality
- $196,615
- Educational
- $163,581
- Medical
- $169,207
- Retail
- $254,460
Location Insight
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.5234
- Longitude
- -91.1442
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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