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    11237 Sullivan Rd Baton Rouge, LA 70818

    For Sale
    $595,200

    Prime 6,400 SF Office Space, Redevelopment Potential

    Property size:
    6,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional investment opportunity presents a 6,400 square foot, Class B office building situated on a generous 3.95-acre lot in Baton Rouge, Louisiana. Located at 11237 Sullivan Rd, zip code 70818, this property boasts three separate buildings, previously occupied by an accounting and plumbing service, offering immediate rental income potential or significant redevelopment possibilities. The buildings are currently vacant and provide versatile space suitable for a variety of commercial uses, including retail, office spaces, or service-oriented businesses. The substantial lot size allows for future expansion or development projects, promising long-term value and growth. The asking price is $595,200, translating to $93 per square foot. This property is ideally positioned in a growing area of Baton Rouge, offering excellent access and visibility. The existing structures provide immediate income potential while the expansive land offers significant upside for future development. This is a rare opportunity to acquire a multi-building property with substantial acreage in a desirable location. The property's versatility and potential for both short-term and long-term returns make it an attractive investment for discerning buyers. Don't miss this chance to secure a prime commercial property in a thriving market.

    Property Features for 11237 Sullivan Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,400 SF
    Class
    B
    Lot Size
    172,062 SF

    Building Details

    Units
    3

    HighLights

    • $595,200 asking price for a vacant, 6,400 SF Class B office building.
    • 3.95‑acre lot in Baton Rouge, LA.
    • Three separate buildings totaling 6,400 square feet.
    • Excellent redevelopment or rental income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    D B Associates Tax Preparation Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.0331939
    Latitude
    30.5500766

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    FAQs

    What type of property is this?
    Office Property / Space - Prime 6,400 SF Office Space, Redevelopment Potential
    Where is this office property / space located?
    The property is located at 11237 Sullivan Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $595,200.
    What are key features of this property?
    This property features: $595,200 asking price for a vacant, 6,400 SF Class B office building.; 3.95-acre lot in Baton Rouge, LA.; Three separate buildings totaling 6,400 square feet.
    Request Owner's contact information
    11237 Sullivan Rd Baton Rouge, LA 70818
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    Baton Rouge, LA 70818
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11237 Sullivan Rd Baton Rouge, LA 70818
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