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Property profile & analytics
OFF-MARKET Estimated value $530,000
Investment properties

10770 Harrells Fry Rd Baton Rouge, LA 70816-8227

24,000 SF Built 1984
Individually Owned 56-yr Hold Free & Clear
Property ID
US36-0725002
Property summary
AI-generated overview

Invest in Reeve's Shopping Center, a thriving 50,182 square foot retail property situated on a 1.66-acre lot in East Baton Rouge Parish's LACDB - 42 submarket. This single-story, multi-tenant shopping center is strategically located at the corner of Harrell's Ferry Road and Old Hammond Highway, offering exceptional visibility and accessibility. The center boasts a strong anchor tenant, Reeve's grocery store, complemented by a diverse mix of existing businesses including a dance studio, hair salons and barbershops, La Smart Cart, and Rainbow Delites snowball stand. Two spaces are currently available: a +/- 2,400 square foot suite adjacent to Reeve's, and a former restaurant space of approximately 2,000 square feet. Minimum divisible space is 2,000 square feet, with a maximum contiguous space of 2,400 square feet. The property is zoned C-AB-1 and features a total of 4,400 square feet of vacant space. Its prime location provides convenient access to the Broadmoor and Sherwood Forest neighborhoods, Airline Highway, and I-12, ensuring high foot traffic and strong potential for growth. The APN is 009-2930-1. This presents a unique opportunity for businesses seeking a high-visibility location within a well-established and successful retail center.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1984
Total area 24,000 SF
APN 929328
UPID US36-0725002
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
  • Rainbow Delites Grocery & Convenience Store Specialty Food Shop
  • Capital One ATM Atm
  • Capital One Bank Atm
  • Reeves Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.75M
Blend (final) Blend
$530k
Owner & transaction history
Assoc Investors Of Baton Rouge · 56 yrs held
Assoc Investors Of Baton Rouge
since 1970
1 recorded transaction
1970
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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