8660 Airline HwyBaton Rouge, LA 70815
- Investment properties
- 26,040 SF
Property Details for 8660 Airline Hwy
- Year built
- 1999
- Lot size
- 6.45 AC
- Property size (Sq ft)
- 26,040 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 1029592
- APU
- 1029592
Description
This exceptional 6.77-acre commercial land tract, identified as Tract GG-1-A-1, presents a prime investment opportunity in Baton Rouge, Louisiana. Located at 8660 Airline Highway, this property boasts a highly desirable location just south of an existing PetSmart, offering convenient cross-access to its parking lot. The expansive lot is zoned for a variety of commercial uses, including big box retail, hospitality, office, and self-storage, providing significant flexibility for development. With the potential to accommodate up to 75,000 square feet of retail space, this site is ideally suited for large-scale commercial projects. The property's strategic location along Airline Highway ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a busy commercial corridor. The asking price is $1,179,256, translating to $174,188 per acre. The property's APN is 010-2959-2. This is a rare opportunity to acquire a significant land parcel in a thriving Baton Rouge market. The property is situated in East Baton Rouge Parish, Louisiana, with a zip code of 70815. Its geographical coordinates are 30.4489171 latitude and -91.0958167 longitude. Don't miss this chance to secure a valuable asset in a high-growth area.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,533,133
- 6.5%
- $4,184,430
- 7%
- $3,885,542
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,078,849
- Geo Method
- $12,083,979
-
Alternative Use
- Use
- Valuation
- Residential
- $4,184,430
- Hospitality
- $3,832,916
- Educational
- $3,188,941
- Medical
- $3,298,613
- Retail
- $4,960,574








Location Insight
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Latitude
- 30.4501
- Longitude
- -91.0946
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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