Current Use by Public Records
- Office Spaces
Property Details for 13002 Justice Ave
- Property type
- Office Spaces
Description
This exceptional investment opportunity presents three adjacent, first-floor office condos totaling 2,970 square feet, situated at 13002, 13003, and 13004 Justice Avenue in Baton Rouge, Louisiana, zip code 70816. Each unit offers 990 square feet of versatile space, currently configured with two units combined, but easily separable to accommodate various business needs. The asking price for the entire portfolio is $246,000, translating to $82.83 per square foot. The property boasts a Class B designation and is situated in a quiet office park, offering convenient access to Sherwood Forest Boulevard and Interstate 12, ensuring excellent visibility and accessibility. Ample parking is available in an oversized lot, providing convenience for employees and clients. The current occupancy rate is 33%, presenting a strong potential for rental income growth. This property is ideal for an owner-occupant seeking to utilize one unit while leasing the others, or for an investor looking to capitalize on the high demand for office space in this desirable location. Additional units within the same office park are also available for sale. This single-story building offers a multi-tenant configuration, perfect for a variety of business types. The lease type is modified, offering flexibility for potential tenants.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge Parish
- State
- Louisiana
- Longitude
- -91.0467
- Latitude
- 30.424
