18181 Jefferson HwyBaton Rouge, LA 70817

Property Details for 18181 Jefferson Hwy

Lot size

2.31 AC

Property type

Investment properties

Property subtype

Retail residential properties

APN

30830809

APU

30830809

Description

This exceptional retail opportunity presents two immediately available suites within the Willowbrook Center, a single-story, 21,000 square foot strip center located at 18181 Jefferson Hwy, Baton Rouge, LA 70817, near the intersection of Jefferson Hwy and Hoo Shoo Too. Built in 2016, the property sits on a 2.18-acre lot (APN 30830809) and is zoned ISPUD. The center features eight total suites. Two spaces are currently vacant, totaling 3,230 square feet. Suite 102 offers 1,730 square feet of move-in ready space, previously used for beauty services. This suite includes four treatment rooms, a retail/reception area, a classroom/training room, a breakroom, and an office. Suite 111 comprises 1,500 square feet (25' wide x 60' deep), previously a mattress store. This space features stained concrete floors, an open ceiling, and decorative lighting, making it ideal for a retail showroom. The minimum divisible space is 1,500 square feet, with a maximum contiguous space of 1,500 square feet. This prime location in East Baton Rouge Parish offers excellent visibility and accessibility for any retail business.

• CAP approach

  CAP return

  Valuation

  6%

  $17,477,728

  6.5%

  $16,133,288

  7%

  $14,980,910

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,871,541

  Geo Method

  $46,593,856

• Alternative Use

  Use

  Valuation

  Residential

  $16,133,288

  Hospitality

  $14,778,005

  Educational

  $12,295,127

  Medical

  $12,717,975

  Retail

  $19,125,752

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.3561

Longitude

-90.9926

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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