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    9257 Florida Blvd Baton Rouge, LA 70815

    Sponsored
    For Sale
    $2,400,000

    Baton Rouge Shopping Center - Redevelopment Potential

    Property size:
    77,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This 77,000 square foot, multi-tenant shopping center in Baton Rouge, Louisiana, presents a compelling value-add redevelopment opportunity. Located on Florida Blvd, between Oak Villa Blvd and Monterrey Blvd, the property boasts high visibility with over 30,000 vehicles passing daily. The 6.25-acre site offers ample parking. Current tenants include a diverse mix of businesses, such as a barber shop, dance studio, tattoo shop, yoga studio, thrift store, and tarot reader. Available suites range from 1,400 to 33,000 square feet. The property benefits from its proximity to a 3.8 million square foot Amazon fulfillment center, enhancing its strategic location. Recent improvements include roof repairs on the two-story building, facade upgrades, and new lighting. The property is offered at $2,400,000 with a NNN lease structure. Detailed financial information, including the current rent roll and income and expense statements, is available upon request. This Class D asset presents a unique chance to capitalize on a prime location and strong traffic counts. The diverse tenant mix provides a solid foundation for future growth and redevelopment.

    Property Features for 9257 Florida Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    77,000 SF
    Class
    D
    Lot Size
    272,250 SF

    HighLights

    • 77,000 SF multi‑tenant shopping center in Baton Rouge, LA, offering a value‑add redevelopment opportunity.
    • High‑visibility location on Florida Blvd, between Oak Villa Blvd and Monterrey Blvd, with over 30,000 vehicles passing daily.
    • 6.25‑acre site with ample parking.
    • Available suites ranging from 1,400 to 33,000 SF.
    • Proximity to a 3.8 million SF Amazon fulfillment center.
    • Recent improvements include roof repairs, facade upgrades, and new lighting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Move Your Body ... Yoga Studio Since Day 13 Tattoo Shop Mane Tamed Salon Hair Salon

    Suggested Use

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

    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
    -91.0854037662
    Latitude
    30.454722119695

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    FAQs

    What type of property is this?
    Lifestyle center - Baton Rouge Shopping Center - Redevelopment Potential
    Where is this lifestyle center located?
    The property is located at 9257 Florida Blvd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 77,000 SF multi-tenant shopping center in Baton Rouge, LA, offering a value-add redevelopment opportunity.; High-visibility location on Florida Blvd, between Oak Villa Blvd and Monterrey Blvd, with over 30,000 vehicles passing daily.; 6.25-acre site with ample parking.
    Request Owner's contact information
    9257 Florida Blvd Baton Rouge, LA 70815
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    Baton Rouge, LA 70815
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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
    9257 Florida Blvd Baton Rouge, LA 70815
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