7673 Perkins RdBaton Rouge, LA 70810

Property Details for 7673 Perkins Rd

Lot size

2.40 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

144584

APU

144584

Description

This exceptional retail opportunity is located at 7673 Perkins Road in Baton Rouge, Louisiana, within the vibrant Medical Corridor. The property consists of three buildings totaling 21,425 square feet on a 2.7-acre lot, offering ample space and visibility. Currently, there is a storefront space available ranging from 1,358 to 1,550 contiguous square feet, ideal for a variety of retail businesses. The property is zoned C-2, allowing for diverse commercial uses. The site boasts convenient access to major thoroughfares including Essen Lane, Perkins Road, and Anselmo Lane, ensuring high traffic volume and excellent exposure. Ample parking is provided with 113 spaces available for customers and employees. A drive-thru option is also available, adding further convenience and appeal. The property's location within the Medical Corridor provides access to a large and established customer base. The property's APN is 1430650453, and it is situated in East Baton Rouge County, Louisiana, zip code 70810. This is a multi-tenant property, offering a strong potential for growth and success. The minimum divisible space is 1,358 square feet, making it suitable for a range of businesses. This prime location and versatile space present a unique opportunity for businesses seeking high visibility and convenient access within a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $18,201,394

  6.5%

  $16,801,286

  7%

  $15,601,195

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,360,799

  Geo Method

  $48,514,112

• Alternative Use

  Use

  Valuation

  Residential

  $16,801,286

  Hospitality

  $15,389,888

  Educational

  $12,804,206

  Medical

  $13,244,563

  Retail

  $19,917,654

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.3949

Longitude

-91.1081

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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