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    1520 79Th Ave Baton Rouge, LA 70807

    For Sale
    $2,000,000
    Property size:
    43,560 SF
    Added:
    Dec 11, 2024
    Days on Market:
    367

    Property Features for 1520 79Th Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    43,560 SF
    Class
    C
    Lot Size
    43,560 SF

    Building Details

    Buildings
    9
    Stories
    2
    Units
    60

    HighLights

    • 60‑unit apartment complex in foreclosure.
    • Starting bid: $2,000,000.
    • Sold "as is, where is"; lender will not accept offers; bidding through the Baton Rouge Sheriff's Dept. (225) 389‑4818.
    • Located in East Baton Rouge Parish, LA; sale at 222 St. Louis St., First Floor, East Baton Rouge, LA 70802.
    • Multiple addresses and parcel numbers available upon request.
    • Located near Southern University and within the EBR School District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -91.17744847
    Latitude
    30.51944878

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    FAQs

    Where is this multifamily property located?
    The property is located at 1520 79Th Ave Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 60-unit apartment complex in foreclosure.; Starting bid: $2,000,000.; Sold "as is, where is"; lender will not accept offers; bidding through the Baton Rouge Sheriff's Dept. (225) 389-4818.
    Request Owner's contact information
    1520 79Th Ave Baton Rouge, LA 70807
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    Baton Rouge, LA 70807
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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
    1520 79Th Ave Baton Rouge, LA 70807
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