13241 Perkins RdBaton Rouge, LA 70810

Property Details for 13241 Perkins Rd

Property size (Sq ft)

4,500 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

1805762

APU

1805762

Description

This exceptional retail opportunity is located at 13241 Perkins Road in Baton Rouge, Louisiana, zip code 70810. The property, identified by APN 020-8738-3, is a 2,150 square foot shopping center with ample parking (53 spaces). Currently, the entire 2,150 square feet is available for lease. The space is ideally suited for a variety of retail uses, particularly given its previous use as a vape shop. Two distinct spaces are available, each boasting a fully equipped kitchen and hood vents, making them particularly attractive to restaurants or food-related businesses. The property's location in Baton Rouge offers excellent visibility and accessibility, providing a strong foundation for a successful business venture. The individual spaces are approximately 1,132 square feet each, offering flexibility for different business needs. This is a turnkey opportunity for a small retail business seeking a well-located and functional space. The property is ready for immediate occupancy. This is a rare chance to secure a prime retail location in a thriving Baton Rouge market.

• CAP approach

  CAP return

  Valuation

  6%

  $783,431

  6.5%

  $723,167

  7%

  $671,512

• Comparable approach

  Method

  Valuation

  Relative Method

  $532,059

  Geo Method

  $2,088,245

• Alternative Use

  Use

  Valuation

  Residential

  $723,167

  Hospitality

  $662,417

  Educational

  $551,123

  Medical

  $570,077

  Retail

  $857,303

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.3674

Longitude

-91.071

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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