4373 Florida Blvd Baton Rouge, LA 70806
- Investment properties
- 4,034 SF
- 0.53 lot acres
Current Use by Public Records
- Investment properties
Property Details for 4373 Florida Blvd
- Lot size
- 0.53 lot acres
- Property size
- 4,034 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 638617
- APU
- 638617
Description
This exceptional 10,000 square foot, single-story retail strip center, located at 4373 Florida Blvd, Baton Rouge, LA 70806 (cross streets: N Beck St.), offers a prime opportunity for businesses seeking high visibility and convenient access. The property, built in 1990 and extensively renovated in 2024, features four suites, with three currently available, ranging from 1,000 to 4,000 square feet. The building is classified as Class B and is zoned C-2. The property boasts a newly upgraded facade and enhanced interiors, offering "vanilla box" build-outs with new sheetrock, drop-down ceilings, and ADA-compliant restrooms. One space offers a roll-up door in the rear. The location benefits from high traffic on Florida Blvd, ample parking, and proximity to Downtown and Mid-City Baton Rouge, including the newly opened Rouse's Grocery Store. Current co-tenants include The Athlete's Foot. This property is ideal for a variety of retail uses, including but not limited to hair salons, nail salons, boutiques, cell phone repair shops, vape shops, and check cashing businesses. The property's APN is 006-3861-7, and it's located in East Baton Rouge Parish, submarket 60. Municipal power is available. This is a rare opportunity to secure space in a newly renovated, high-traffic retail center in a desirable Baton Rouge location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $800,000
- 6.5%
- $790,000
- 7%
- $765,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $960,000
- Geo Method
- $820,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $700,000
- Retail
- $905,000
- Mixed-Use
- $715,000
- Hospitality
- $910,000
- Educational
- $880,000
- Residential Income
- $805,000
- Energy
- $925,000
- Income-Based Land
- $715,000
- Food Service
- $950,000
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.1448
- Latitude
- 30.4511
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA