10699 Airline Hwy Baton Rouge, LA 70816-5030
- Investment properties
- 13,484 SF
- 1.00 lot acres
Current Use by Public Records
- Simple Interlock / Building Supply / General Contractor
- Tesco Controls Inc / Industrial Manufacturer / Production Facility
- Smart Start Ignition Interlock / Building Supply / General Contractor
- TINT PROS / Interior Design / Auto Repair Shop
- Trinity Design Studios, INC / Marketing & Advertising / Advertising Agency
Property Details for 10699 Airline Hwy
- Year built
- 2001
- Lot size
- 1.00 lot acres
- Property size
- 13,484 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 1070517
- APU
- 1070517
Description
This exceptional 1,975-square-foot single-tenant office and retail space is ideally situated at 10699 Airline Hwy in Baton Rouge, Louisiana, zip code 70816. The property, classified as Class B, boasts a prime location offering excellent street visibility and high foot traffic due to its proximity to major thoroughfares including I-10, Jefferson Hwy, and Siegen Ln. The building, a single-story structure on a 33,977-square-foot lot, is zoned C-2 and features one restroom, a lobby/reception area, and seven versatile rooms suitable for various office configurations. Ample parking is available both in front and behind the building. This flexible space is perfect for a variety of uses, including office, retail, or a combination of both. The property's location within a vibrant commercial district, near establishments such as Walmart Neighborhood Market, Costco, car dealerships, Siegen Plaza, and The Chimes East, ensures high visibility and accessibility. The property's APN is 010-7051-7, and it's located in East Baton Rouge Parish, submarket 43. This is a rare opportunity to secure a well-positioned, functional space in a thriving commercial area. The building has no elevators.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,105,000
- 6.5%
- $1,940,000
- 7%
- $1,805,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,316,000
- AI Estimate
- $1,498,000
Market price range: $983k - $2.18MMarket price range: $587k - $3.07M
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Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.062
- Latitude
- 30.4089
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA