1225 Alabama StBaker, LA 70714

  • Mixed-use properties
  • 1.00 AC
For Sale
$125,000 View listing

Property Details for 1225 Alabama St

Lot size
1.00 AC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
1646567
APU
1646567

Description

This exceptional 2,200 square foot commercial property sits on a one-acre corner lot in the vibrant city of Baker, Louisiana. Its highly desirable location directly fronts the Baker Recreation Center, ensuring high visibility and significant foot traffic. This presents a unique opportunity for a variety of businesses seeking a prominent presence in a bustling community. The property's ample space allows for diverse uses, catering to businesses needing both storefront and potential storage or expansion areas. The one-acre lot offers significant potential for future development or outdoor activities, depending on the intended use. Given its prime location and substantial size, this property represents a rare investment opportunity in a thriving area. The asking price of $125,000 makes this an attractive proposition for savvy investors and entrepreneurs looking to establish or expand their business in a high-traffic, community-focused environment. Don't miss this chance to secure a valuable piece of Baker's commercial landscape. Act quickly to schedule a viewing.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,388,016
    6.5%
    $6,819,706
    7%
    $6,332,584
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,150,333
    Geo Method
    $20,214,214
  • Alternative Use

    Use
    Valuation
    Residential
    $6,819,706
    Hospitality
    $6,246,814
    Educational
    $5,197,276
    Medical
    $5,376,018
    Retail
    $8,084,652
1225 Alabama St, Baker, Louisiana
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Location Insight

City
Baker
County
East Baton Rouge
State
Louisiana
Latitude
30.5887
Longitude
-91.1657
CBSA code
12940
CBSA name
BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$467
$720
$3,450
$4,170
-
$7,200
$23,000
$30,200

FAQs

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