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Property profile & analytics
FOR SALE
Investment properties

11237 Sullivan Rd Baton Rouge, LA 70818

2,947 SF 1 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US36-0288666
Property summary
AI-generated overview

This exceptional investment opportunity presents a 6,400 square foot, Class B office building situated on a generous 3.95-acre lot in Baton Rouge, Louisiana. Located at 11237 Sullivan Rd, zip code 70818, this property boasts three separate buildings, previously occupied by an accounting and plumbing service, offering immediate rental income potential or significant redevelopment possibilities. The buildings are currently vacant and provide versatile space suitable for a variety of commercial uses, including retail, office spaces, or service-oriented businesses. The substantial lot size allows for future expansion or development projects, promising long-term value and growth. The asking price is $595,200, translating to $93 per square foot. This property is ideally positioned in a growing area of Baton Rouge, offering excellent access and visibility. The existing structures provide immediate income potential while the expansive land offers significant upside for future development. This is a rare opportunity to acquire a multi-building property with substantial acreage in a desirable location. The property's versatility and potential for both short-term and long-term returns make it an attractive investment for discerning buyers. Don't miss this chance to secure a prime commercial property in a thriving market.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Total area 2,947 SF
Lot 1 ac (43,560 SF)
APN 1765183
UPID US36-0288666
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • D B Associates Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
JAMES DOULAS DEVALL
JAMES DOULAS DEVALL
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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