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    Intersection Burbank At Bluebonnet Blvd Baton Rouge, LA 70820

    For Sale
    $1,687,950

    High-traffic shopping center with strong tenants.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail investment opportunity presents a 23,838 square foot shopping center situated on a 2.42-acre lot in York County. Built in 1964, the property comprises two single-story buildings offering ample space for various retail uses. The center boasts a desirable location with high visibility and easy accessibility, complemented by 163 on-site parking spaces (approximately 7 per 1,000 square feet). Current tenants include a Dollar General, UPMC-Pinnacle's Manchester Family Medicine, Manchester Café, and Smoker's Outlet, creating a strong tenant mix that generates significant foot traffic and repeat clientele. The property is zoned Commercial, providing flexibility for a range of retail businesses. This established center offers a compelling investment opportunity with the potential for strong returns due to its prime location, established tenancy, and ample parking. The property's size and configuration make it an ideal investment for both seasoned and emerging investors seeking a stable and profitable retail asset. The existing tenant mix provides a solid foundation for future growth and expansion.

    Property Features for Intersection Burbank At Bluebonnet Blvd

    General Information

    Property type
    Land
    Lot Size
    67,518 SF

    HighLights

    • 23,838 SF retail shopping center on a 2.42‑acre lot in York County.
    • Single‑tenant occupancy.
    • Two one‑story buildings built in 1964.
    • 163 parking spaces (approximately 7 per 1,000 SF).
    • High‑visibility location with easy accessibility and strong co‑tenancy including Dollar General, UPMC‑Pinnacle's Manchester Family Medicine, and Manchester Café.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1833043
    Latitude
    30.372807

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    FAQs

    What type of property is this?
    Land - High-traffic shopping center with strong tenants.
    Where is this land located?
    The property is located at Intersection Burbank At Bluebonnet Blvd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,687,950.
    What are key features of this property?
    This property features: 23,838 SF retail shopping center on a 2.42-acre lot in York County.; Single-tenant occupancy.; Two one-story buildings built in 1964.
    (225) 766-6162
    Request Owner's contact information
    Intersection Burbank At Bluebonnet Blvd Baton Rouge, LA 70820
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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
    Intersection Burbank At Bluebonnet Blvd Baton Rouge, LA 70820
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