Property profile

3121 Van Buren St Baker, LA 70714

OFF-MARKET
Investment properties
Property ID
US36-0751877
11,000 SF 1 ac lot Built 1969
Individually Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10,960 square foot property, located at 3121 Van Buren St in Baker, Louisiana, presents a unique investment opportunity. Recently renovated to the tune of $150,000, this versatile space is ideally suited for a variety of uses, including medical office, shopping center, or traditional office space. The building comprises five suites of varying sizes, offering flexibility for a single owner-occupant or an investor seeking rental income. Currently, the property houses a church and a chiropractic clinic, which has occupied the space for 30 years, demonstrating its long-term viability. Its past uses have included a furniture store, theater, and campaign office, highlighting its adaptability. Situated conveniently off Main Street, this property enjoys a prime location adjacent to a new Fast Pace Health Urgent Care facility, the future site of Benny's Car Wash, and Furr's Shopping Center. Its proximity to Baker High School further enhances its appeal. Ample parking and excellent signage opportunities ensure high visibility and accessibility for any business. The asking price for this exceptional property is $1,000,000. This is a rare chance to acquire a well-maintained, multi-use property in a thriving location with significant income potential.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1969
Total area 11,000 SF
Lot 1 ac (43,560 SF)
APN 1528939
UPID US36-0751877

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Church
  • Alternative Medicine Practice
  • Loan Service
  • Wedding Service

Location

3121 Van Buren St Baker, LA 70714-3464
Baker metro Census 4205 BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2023
Last sale
$210,000
4 recorded transactions
2023
$210,000
2019
Price N/A
2019
$210,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3121 Van Buren St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message