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    Property profile & analytics

    257 Lee Dr Baton Rouge, LA 70808

    • Investment properties
    • 8,721 SF
    • 2.28 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $2,830,000
    Last Sale
    Nov 16, 2021
    $3,160,000
    Location Intelligence
    Property ID
    US36-0604360
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • sench / Software Company
    • Lash Studio & Skin Bar / Beauty Salon
    • i Nail Spa / Nail Salon
    • Bellyfire Studios / Art School / Art Studio
    • PrintWithMe Print Kiosk at Light House Coffee / Print Shop

    Property Details for 257 Lee Dr

    Year built
    1985
    Lot size
    2.28 lot acres
    Property size
    8,721 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    3015904
    APU
    3015904

    Description

    This Baton Rouge, Louisiana retail property, located at 257 Lee Dr (APN 3015904), offers 5,612 square feet of vacant space in a thriving strip center. The property is zoned C2 and boasts a total building size of 30,762 square feet. Units are divisible down to 1,400 square feet, with a maximum contiguous space of 5,612 square feet. The center enjoys a high-traffic location near LSU, Southdowns, Arlington Marketplace, and the new Lee High School, benefiting from proximity to student housing and significant foot traffic. Current co-tenants include established businesses such as Papa John's, Lighthouse Coffee, Earthly Concerns, Tiger iPhone Repair, Custom Eyes, Lash Studio, and Coyote Moon, creating a synergistic retail environment. This prime location offers excellent visibility and accessibility from Lee Drive, making it an ideal opportunity for businesses seeking to expand their reach and capitalize on a strong customer base. The versatile space is suitable for various retail concepts, from restaurants to traditional retail stores. This property presents a compelling investment opportunity in a dynamic and densely populated area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,715,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,165,000
      6.5%
      $3,005,000
      7%
      $2,990,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,245,000
      Geo Method
      $3,350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,690,000
      Retail
      $3,550,000
      Mixed-Use
      $2,720,000
      Hospitality
      $3,655,000
      Educational
      $3,365,000
      Residential Income
      $3,005,000
      Energy
      $2,670,000
      Income-Based Land
      $2,850,000
      Food Service
      $3,610,000

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1583
    Latitude
    30.3961
    CBSA code
    12940
    CBSA name
    BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,461
    $35,330
    $329,510
    $364,840
    -
    $353,300
    $2,196,733
    $2,550,033

    Comparable in this City

    • Value Estimation by Request

      Baton Rouge, LA 70808

      STORE/OFFICE (MIXED USE)
      Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request

      Baton Rouge, LA 70808

      STORE/OFFICE (MIXED USE)
      Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request

      7373 Perkins Rd

      STORE/OFFICE (MIXED USE)
      7373 Perkins Rd, Baton Rouge, LA 70808-4326
      View Details
    • Value Estimation by Request
      10,960 SF

      6010 Perkins Rd Ste B

      STORE/OFFICE (MIXED USE) • 10,960 SF
      6010 Perkins Rd Ste B, Baton Rouge, LA 70808-4280
      View Details
    • Value Estimation by Request
      13,566 SF

      4727 Revere Ave

      STORE/OFFICE (MIXED USE) • 13,566 SF
      4727 Revere Ave, Baton Rouge, LA 70808-3168
      View Details
    • Value Estimation by Request
      5,000 SF

      3055 Vly St

      STORE/OFFICE (MIXED USE) • 5,000 SF
      3055 Vly St, Baton Rouge, LA 70808-2352
      View Details

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    Similar Nearby for Lease

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      Prime Restaurant Space, High Visibility, LSU Proximity
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    257 Lee Dr
    Baton Rouge, LA 70808
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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