2900 Westfork DrBaton Rouge, LA 70827

Property Details for 2900 Westfork Dr

Year built

1984

Lot size

6.08 AC

Property size (Sq ft)

105,720 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

428590

APU

428590

Description

The Westfork Building offers exceptional Class B office space situated conveniently off Sherwood Forest Boulevard. This multi-tenant property boasts a total of 105,720 square feet, with multiple office suites available ranging from 1,753 to 9,580 contiguous square feet. Currently, 27,198 square feet are vacant, providing ample opportunity for businesses seeking flexible and adaptable workspaces. The minimum divisible space is 7,434 square feet, catering to a variety of tenant needs. The building features 587 parking spaces for convenient employee and client access. For added peace of mind, a backup generator ensures uninterrupted operations during power outages. Adding to the building's convenience, a restaurant is located on the first floor. This property presents a unique opportunity for owner-occupants considering a purchase. The building's APN is 428590. Inquire for detailed floor plans and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $18,403,182

  6.5%

  $16,987,552

  7%

  $15,774,156

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,499,844

  Geo Method

  $49,059,840

• Alternative Use

  Use

  Valuation

  Residential

  $16,987,552

  Hospitality

  $15,560,507

  Educational

  $12,946,159

  Medical

  $13,391,397

  Retail

  $20,138,470

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.425

Longitude

-91.0563

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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