3233 Sherwood Forest BlvdBaton Rouge, LA 70816
- Mixed-use properties
- 35,421 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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