11637 Sherwood Forest CtBaton Rouge, LA 70816

Property Details for 11637 Sherwood Forest Ct

Lot size

0.62 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

1342363

APU

1342363

Description

This ±10,300 square foot single-tenant office building, located at 11637 Sherwood Forest Ct, Baton Rouge, LA 70816, is available for sale or lease. Previously used as a learning center, this adaptable space is ideal for various uses, including medical offices, daycare centers, or schools. The all-metal structure offers flexibility for reconfiguration to suit specific needs. The property boasts ample parking, multiple fenced playgrounds, and comprehensive security features such as cameras and an alarm systems. Situated in South Baton Rouge, it offers excellent accessibility, with approximately a 3-minute drive to Airline Hwy, a 4-6 minute drive to I-12, and a 2-minute drive to Coursey Blvd. The 1.36-acre lot provides ample space. The building is suitable for a variety of uses due to its flexible design and existing features. Lease terms are Net, Net, Net (NNN). The landlord is highly motivated to close a deal by the end of 2024, and pricing is negotiable with lease incentives available. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $4,701,331

  6.5%

  $4,339,690

  7%

  $4,029,712

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,193,183

  Geo Method

  $12,532,720

• Alternative Use

  Use

  Valuation

  Residential

  $4,339,690

  Hospitality

  $3,975,133

  Educational

  $3,307,264

  Medical

  $3,421,006

  Retail

  $5,144,632

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4077

Longitude

-91.0531

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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