3233 Sherwood Forest BlvdBaton Rouge, LA 70816

  • Mixed-use properties
  • 35,421 SF
For Sale
$1,496,286 View listing

Property Details for 3233 Sherwood Forest Blvd

Year built
1978
Lot size
2.29 AC
Property size (Sq ft)
35,421 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
1697110
APU
1697110

Description

This exceptional 2.29-acre commercial outparcel, located at 3233 S Sherwood Forest Blvd in Baton Rouge, LA 70816, presents a unique build-to-suit opportunity. Situated on a hard corner with over 425 feet of frontage along S. Sherwood Forest Blvd, this Class A property boasts high visibility and accessibility. The site is cleared and ready for development, featuring municipal power and C-1 Light Commercial District zoning. With convenient access to I-10 and I-12 interstates, this location benefits from high traffic counts and strong demographics. The property is ideal for a variety of uses, including but not limited to car washes, oil changes, quick-service restaurants (QSRs), restaurants, medical facilities, or fuel stations. The build-to-suit option allows for flexibility in design and size, accommodating buildings ranging from 1,500 to 30,000 square feet. All utilities are available on-site, and a drive-thru option may be feasible. This rapidly developing area offers significant potential for long-term growth and return on investment. The APN is 016-9711-0, and the property is located in East Baton Rouge Parish. This is a rare opportunity to secure a prime commercial location in a thriving market. Don't miss out on this chance to build your dream commercial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,165,846
    6.5%
    $5,691,550
    7%
    $5,285,011
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,188,015
    Geo Method
    $16,437,274
  • Alternative Use

    Use
    Valuation
    Residential
    $5,691,550
    Hospitality
    $5,213,430
    Educational
    $4,337,512
    Medical
    $4,486,686
    Retail
    $6,747,241
3233 Sherwood Forest Blvd, Baton Rouge, Louisiana

Location Insight

City
Baton Rouge
County
East Baton Rouge
State
Louisiana
Latitude
30.4231
Longitude
-91.051
CBSA code
12940
CBSA name
BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,251
$44,080
-
$44,080
-
$440,800
-
$440,800

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