10218 Sullivan Rd Central, LA 70818
- Investment properties
- 14,525 SF
- 1.23 lot acres
Current Use by Public Records
- China Wok / Chinese Restaurant
- I Vape / Vaporizer Store
- Central Nails Spa / Nail Salon
- Fantastic Sams Cut & Color / Hair Salon
- Sleep City Mattress Superstore Central / Mattress Store / Bedding Store
Property Details for 10218 Sullivan Rd
- Year built
- 2004
- Lot size
- 1.23 lot acres
- Property size
- 14,525 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 1926950
- APU
- 1926950
Description
This exceptional retail opportunity is located at 10218 Sullivan Road in Central, Louisiana, 70818, within a thriving multi-tenant strip center. The property boasts a total of 14,525 square feet, with 3,800 square feet currently vacant. Units are divisible to a minimum of 1,400 square feet, with a maximum contiguous space of 2,400 square feet. The single-story building sits on a 1.28-acre lot and enjoys a prime location near a high-traffic intersection (approximately 37,000 vehicles per day). This Walmart-shadow anchored center benefits from strong visibility and proximity to a variety of local and national retailers, schools, and residential areas. The property is directly across Sullivan Road from The Settlement at Shoe Creek, a significant 150-acre residential development. The available space, formerly occupied by Laced Up, includes retail space, back-office/storage, and a restroom. Current co-tenants include Sleep City, Central Nails & Spa, China Wok, Fantastic Sam's, iVape, and an upcoming The UPS Store. This is an ideal location for businesses seeking high visibility and strong foot traffic in a rapidly growing area of East Baton Rouge Parish County. The property is easily accessible from Sullivan Road.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,810,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,515,000
- 6.5%
- $2,645,000
- 7%
- $2,745,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,960,000
- Geo Method
- $2,445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,295,000
- Retail
- $2,790,000
- Mixed-Use
- $2,910,000
- Hospitality
- $2,400,000
- Educational
- $2,535,000
- Residential Income
- $2,810,000
- Energy
- $2,325,000
- Income-Based Land
- $2,960,000
- Food Service
- $2,790,000
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.0277
- Latitude
- 30.5414
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
