13510 Perkins RdBaton Rouge, LA 70810

Property Details for 13510 Perkins Rd

Year built

2012

Property size (Sq ft)

3,860 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

1943413

APU

1943413

Description

This exceptional 15,000 square foot retail property, located at 13510 Perkins Rd, Baton Rouge, LA 70810, presents a unique investment opportunity. Built in 2006, this single-story, one-building strip center boasts nine suites, currently featuring 1,000 square feet of vacant space. The available space, formerly a gym, comprises Suites F & G and is ideally suited for a variety of uses including, but not limited to, fitness studios (yoga, pilates, CrossFit), coffee shops, smoothie shops, boutiques, health food stores, hair salons, restaurants, retail businesses, check cashing services, tanning salons, medical offices, or CBD retailers. These spaces can be leased individually or together, with the latter being preferred. The property benefits from ample parking (75 spaces) and is conveniently located near Potwin Dr. The property is zoned C-2 and features municipal power. The East Baton Rouge Parish location, within submarket 53, offers excellent visibility and accessibility. The APN is 019-4341-3. This is a prime opportunity to secure a well-positioned retail space in a thriving Baton Rouge community.

• CAP approach

  CAP return

  Valuation

  6%

  $672,009

  6.5%

  $620,316

  7%

  $576,008

• Comparable approach

  Method

  Valuation

  Relative Method

  $456,389

  Geo Method

  $1,791,250

• Alternative Use

  Use

  Valuation

  Residential

  $620,316

  Hospitality

  $568,206

  Educational

  $472,741

  Medical

  $488,999

  Retail

  $735,374

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.3661

Longitude

-91.0695

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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