11559 Florida Blvd Baton Rouge, LA 70815
Property summary
This ±62,999 square foot retail building, situated on 3.4 acres at 11559 Florida Blvd in Baton Rouge, Louisiana, presents a significant investment opportunity. The two-story structure boasts approximately 53,735 square feet on the first floor and 9,250 square feet on the second, featuring 20-foot ceiling clearance and ample parking. Its prime location at the intersection of N Sherwood Forest Dr and Florida Blvd ensures high visibility, with an estimated 55,020 vehicles passing daily. Currently zoned C-AB-2 (Commercial Alcoholic Beverage), allowing for bar and lounge uses, the property's versatility extends to warehouse storage or self-storage. The building's size and location within a rapidly developing area, fueled by recent investments such as a new 3,500,000 square foot Amazon distribution center and the arrival of national retailers like Starbucks, Aldi, and Northern Tool, make it an exceptional prospect for growth and return. The asking price is $1,600,000. This property offers a unique chance to capitalize on the revitalization of the Florida Blvd corridor in Baton Rouge. The zip code is 70815.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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