11237 Sullivan Rd Baton Rouge, LA 70818
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.
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D B Associates Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.