3200 Burnside Ave Gonzales, LA 70737
- Commercial real estate
- 15.45 lot acres
Current Use by Public Records
- Andermann Animal Clinic / Veterinarian / Animal Hospital
Property Details for 3200 Burnside Ave
- Lot size
- 15.45 lot acres
- Property type
- Commercial real estate
- APN
- 2733600
- APU
- 2733600
Description
This exceptional investment opportunity presents a 12,000-square-foot mixed-use property ideally situated in Gonzales, Louisiana, at 3200 S. Burnside Ave. The property, built in 1999, is a Class C, two-story building on a 3.88-acre lot, offering significant potential for development. Currently configured as a fully leased office and warehouse space, it provides a consistent cash flow stream. The property boasts 263 feet of frontage on Highway 44 (S. Burnside Ave.), a major thoroughfare running parallel to the Mississippi River, benefiting from high visibility and accessibility. Its strategic location is approximately half a mile south of LA Hwy 30 and seven-tenths of a mile north of Interstate 10, providing easy access to major transportation routes. The site is within the Gonzales city limits, zoned C1 and C2, and features all utilities with excess capacity. The substantial lot size allows for potential outparcel development, adding further value to this already strong investment. The property is approximately 26.4 miles east of Downtown Baton Rouge and 56.7 miles west of Downtown New Orleans. This is an excellent opportunity to acquire a well-located, income-producing asset with significant upside potential. The asking price is $1,450,000, translating to $120.83 per square foot.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $430,000
- 6.5%
- $420,000
- 7%
- $420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $425,000
- Retail
- $460,000
- Mixed-Use
- $510,000
- Hospitality
- $445,000
- Educational
- $400,000
- Residential Income
- $400,000
- Energy
- $470,000
- Income-Based Land
- $385,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Gonzales
- County
- Ascension
- State
- Louisiana
- Longitude
- -90.9162
- Latitude
- 30.2034
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA