6275 Siegen LnBaton Rouge, LA 70809

Property Details for 6275 Siegen Ln

Year built

1996

Lot size

0.69 AC

Property size (Sq ft)

6,260 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

945919

APU

945919

Description

This exceptional 6,000-square-foot freestanding retail building, located at 6275 Siegen Lane in Baton Rouge, Louisiana, presents a unique investment opportunity. Situated on a 0.68-acre lot, the property boasts ample parking with 21 spaces. The building, renovated in 2021, features a flexible layout ideal for various retail uses. The space includes 1,500 square feet of showroom/sales floor, perfect for showcasing products and engaging customers. An additional 621 square feet of office space provides administrative areas, while a substantial 2,800-square-foot warehouse/storage area offers significant operational capacity. This warehouse section is conveniently equipped with three 10-foot overhead doors for easy loading and unloading. The property is zoned HC1 (Heavy Commercial), allowing for a wide range of retail businesses. Its prime location in Baton Rouge, Louisiana, zip code 70809, ensures high visibility and accessibility for customers. This single-tenant building offers a fantastic chance to establish a strong retail presence in a thriving market. The property's recent renovation ensures modern amenities and functionality, minimizing upfront capital expenditures. Don't miss this opportunity to secure a high-impact retail space in East Baton Rouge Parish.

• CAP approach

  CAP return

  Valuation

  6%

  $1,089,771

  6.5%

  $1,005,942

  7%

  $934,089

• Comparable approach

  Method

  Valuation

  Relative Method

  $740,153

  Geo Method

  $2,904,981

• Alternative Use

  Use

  Valuation

  Residential

  $1,005,942

  Hospitality

  $921,438

  Educational

  $766,625

  Medical

  $792,991

  Retail

  $1,192,528

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.3922

Longitude

-91.0592

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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