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Property profile & analytics
FOR SALE
Investment properties

12524 Jefferson Hwy Baton Rouge, LA 70816

8,406 SF 1.3 ac lot Built 2008
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US36-0645265
Property summary
AI-generated overview

Parkview Plaza Shopping Center, located at 12524 Jefferson Hwy in East Baton Rouge Parish, offers a 1,200 square foot retail space for lease. This space is part of a larger 8,400 square foot building, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,200 square feet currently available. The building underwent renovations in 2020. The property boasts a prime location between Airline Hwy and Stumberg Lane, just 600 feet from Parkview Baptist School, ensuring high visibility and accessibility. Benefit from a strong demographic profile, with average household incomes exceeding $81,000 annually within a one-mile radius. Daily traffic counts reach 23,404 vehicles, providing significant exposure for your business. The property is zoned Heavy Commercial (HC2), allowing for a variety of commercial uses. Ample parking completely surrounds the building. The lease rate is $3.76 per square foot, plus CAM charges. This is an exceptional opportunity to establish your business in a thriving retail environment with excellent visibility and strong demographics. Don't miss this chance to secure this well-located retail space.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2008
Total area 8,406 SF
Lot 1.3 ac (56,628 SF)
APN 717908
UPID US36-0645265
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hashtags Smoke Shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Nutrition Unlimited Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.21M
Comparable Approach Comparable
$974k
Blend (final) Blend
$1.10M
Owner & transaction history
Lieux LLC · 11 yrs held
Lieux LLC
since 2014
3 recorded transactions
2014
$1.2M
2014
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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