You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

3837 Plaza Tower Dr Baton Rouge, LA 70816

Investment properties Google Maps
Entity Owned 3-yr Hold Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US36-1516836

Property summary

AI-generated overview

This exceptional 0.803-acre commercial land parcel, located at 3837 Plaza Tower Drive in Baton Rouge, Louisiana, presents a unique investment opportunity. Priced at $750,000, this property boasts a land value of $21.44 per square foot. Situated within the Lake Sherwood Commercial Complex, this build-ready site comprises two combined lots (Lots 24 and 25), totaling 35,000 square feet. The property features convenient access to major thoroughfares and benefits from HC1 zoning, allowing for a wide range of permitted commercial uses. With approximate dimensions of 181.70 feet by 215 feet, the cleared and level lots are ready for immediate development. The property is located in the Sherwood-Coursey submarket of East Baton Rouge Parish, zip code 70816. This prime location offers excellent visibility and accessibility, making it an ideal site for various commercial ventures. Don't miss this chance to acquire a highly desirable commercial property in a thriving Baton Rouge market.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
APN 30851020
UPID US36-1516836

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
  • Medical Clinic
  • Physician
  • Real Estate Agency
  • Photography Service (Bike/Boat/Book/etc) Store
  • Foster Care Service Social Service Agency

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

since 2023
2 recorded transactions
2023
Price N/A
2023
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?”
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