7767 Tom DrBaton Rouge, LA 70806

Property Details for 7767 Tom Dr

Year built

1977

Property size (Sq ft)

6,240 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

818933

APU

818933

Description

This exceptional 6,240-square-foot flex space, located at 7767 Tom Drive in Baton Rouge, Louisiana, presents a unique opportunity for businesses seeking a strategic location in the thriving South Choctaw Corridor. The property is ideally situated off Airline Highway, providing unparalleled access to major transportation arteries, simplifying logistics and streamlining operations. Its classification as a flex space allows for adaptability to a wide range of business needs, making it suitable for various industrial and retail uses. The building's prime location within East Baton Rouge Parish, zip code 70806, places it amidst a vibrant commercial landscape, surrounded by logistics, manufacturing, and automotive businesses. This ensures high visibility and consistent traffic flow, benefiting businesses seeking strong consumer and industrial market access. The property's proximity to other industrial facilities, warehouses, and retail services further enhances its appeal, offering excellent connectivity for businesses looking to establish a new presence, expand existing operations, or optimize their supply chain. This is a rare opportunity to secure a well-positioned, versatile space in a high-growth area. The single-tenancy building offers 6,240 square feet of adaptable space ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,058,342

  6.5%

  $976,931

  7%

  $907,150

• Comparable approach

  Method

  Valuation

  Relative Method

  $737,789

  Geo Method

  $2,895,700

• Alternative Use

  Use

  Valuation

  Residential

  $976,931

  Hospitality

  $894,863

  Educational

  $744,516

  Medical

  $770,121

  Retail

  $1,158,136

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4652

Longitude

-91.1084

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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