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Property profile & analytics

5955 Airline Hwy Baton Rouge, LA 70805

  • Investment properties
  • 14,820 SF
  • 2.28 lot acres
Value Estimation
$5,330,000
Last Sale
Mar 10, 2022
$6,115,000
Location Intelligence
Property ID
US36-0632547
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Charmaine D. Huggins, PharmD / Pharmacy
  • LibertyX Bitcoin ATM / Atm
  • Walgreens Pharmacy / Pharmacy
  • Redbox / Movie Rental Kiosk / Dvd Store
  • FedEx OnSite / Mailing Service

Property Details for 5955 Airline Hwy

Year built
2006
Lot size
2.28 lot acres
Property size
14,820 SF
Property type
Investment properties
Property subtype
Retail residential properties
APN
2311593
APU
2311593

Description

This exceptional 14,820 square foot retail property, located at 5955 Airline Highway in Baton Rouge, Louisiana, presents a unique investment opportunity. Situated on a 2.15-acre lot, this Class A building boasts a single-tenant occupancy, currently vacant, offering significant potential for redevelopment or lease. Constructed in 2005, the property features a single-story design with ample parking for 85 vehicles. The zoning is C-2, allowing for a variety of uses including street retail, health-related businesses, auto-related services, restaurants, and governmental entities. The building's convenient location on Airline Highway, with a cross street of Greenwell Street, ensures high visibility and accessibility. The property is equipped with no elevators. The master lease expires on February 28, 2031. All offers are subject to the approval of Walgreens Co.'s Real Estate Committee. This prime location and substantial square footage make this an attractive proposition for discerning investors seeking a high-impact retail investment in a thriving Baton Rouge market. The zip code is 70805.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $5,000,000
  • CAP approach

    CAP return
    Estimation
    6%
    $6,100,000
    6.5%
    $5,875,000
    7%
    $6,220,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,680,000
    Geo Method
    $6,535,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $5,480,000
    Retail
    $5,530,000
    Mixed-Use
    $5,310,000
    Hospitality
    $7,070,000
    Educational
    $6,700,000
    Residential Income
    $6,805,000
    Energy
    $5,365,000
    Income-Based Land
    $5,335,000
    Food Service
    $5,985,000

Location Insight

  • Map
  • Local Demand
City
Baton Rouge
County
East Baton Rouge
State
Louisiana
Longitude
-91.1301
Latitude
30.5018
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
$35,737
$150,000
$150,000
$300,000
-
$1,500,000
$1,000,000
$2,500,000
More about this property
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