Property profile

14455 Wax Rd Baton Rouge, LA 70818

OFF-MARKET
Banks
Property ID
US36-0321132
Entity Owned Free & Clear
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Property summary

AI-generated overview

Central Plaza Shopping Center, located at the high-traffic intersection of Wax Road and Sullivan Road in Baton Rouge, LA, offers exceptional retail and restaurant leasing opportunities. This single-story, 49,000 square foot building features 18 suites, with 9,600 square feet currently vacant. Spaces range from a minimum of 1,200 square feet to a maximum contiguous space of 6,900 square feet, making it suitable for a variety of businesses. The center boasts excellent visibility and high foot traffic, amplified by its proximity to a Walmart Supercenter. Co-tenants include established national brands such as CATO, Shoe Show, Wing Stop, Dollar Tree, and Papa John's, creating a synergistic retail environment. The property is conveniently located less than 30 minutes from Louisiana State University and near Central High School, ensuring a strong customer base. Ample parking is provided with 182 spaces. This thriving shopping center presents a unique opportunity to establish or expand your business within a dynamic and growing community. The property offers significant growth potential and strong visibility for businesses seeking a prime location in Baton Rouge. No elevators are present in this single-story building.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
APN 30824523
UPID US36-0321132

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Factory
  • Discount Store
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Take-out & Catering Catering Service
  • Training Center Sports School

Location

14455 Wax Rd Baton Rouge, LA 70818-4266
Baton Rouge metro Census 4402 BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$540k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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