8620 Airline Hwy Baton Rouge, LA 70806
- Investment properties
- 46,074 SF
- 4.07 lot acres
Current Use by Public Records
- Planet Fitness / Gym / Fitness Center
Property Details for 8620 Airline Hwy
- Lot size
- 4.07 lot acres
- Property size
- 46,074 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 138444
- APU
- 138444
Description
This exceptional Class A retail space, totaling approximately 22,198 square feet, is ideally situated at 8620 Airline Hwy in Baton Rouge, Louisiana, zip code 70815. Located in the Baton Rouge submarket of East Baton Rouge Parish, this property boasts a prime location with excellent visibility and accessibility. The building is a single-story structure with a total of 45,198 square feet, encompassing two suites. Suite A, the space currently available for lease, offers a minimum of 21,198 square feet, making it suitable for a variety of retail businesses. The property sits on 4.07 acres of land and includes ample parking with 238 spaces. Conveniently located near the intersection of Airline Hwy (US61) and Florida Blvd (HWY190), this property benefits from high traffic volume and strong regional access. The property is zoned C2 and features two truck wells. While elevators are not present, the single-story design ensures easy access and maneuverability. This is a rare opportunity to secure a significant retail presence in a thriving Baton Rouge market. Further photos will be available soon. Showings are by appointment only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,105,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,375,000
- 6.5%
- $2,460,000
- 7%
- $2,275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,230,000
- Geo Method
- $2,565,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,085,000
- Retail
- $2,630,000
- Mixed-Use
- $2,290,000
- Hospitality
- $2,160,000
- Educational
- $2,765,000
- Residential Income
- $2,605,000
- Energy
- $2,735,000
- Income-Based Land
- $2,765,000
- Food Service
- $2,485,000
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.0971
- Latitude
- 30.4506
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA