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Property profile & analytics

411 Colonial Dr Baton Rouge, LA 70806-6506

  • Investment properties
  • 5,000 SF
OFF-MARKET
Last Sale
Oct 26, 2020
$337,500
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US36-0664840
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

  • Cognitive Development Center / Counselor / Mental Health Clinic
  • Areaine M. Batiste-Johnson, PHARM / Pharmacy

Property Details for 411 Colonial Dr

Year built
1977
Property size
5,000 SF
Property type
Investment properties
Property subtype
Retail residential properties
APN
857041
APU
857041

Description

This exceptional 5,500 square foot church property, located at 411 Colonial Drive in Baton Rouge, Louisiana, presents a unique investment opportunity. Situated in the Airline/Goodwood submarket within East Baton Rouge Parish, zip code 70806, this single-story building underwent a complete renovation in 2021, transforming it from traditional office space into a functional and modern church facility. The property is zoned B1, offering flexibility for future uses. Currently, the church congregation is seeking to expand and is offering a sale/leaseback arrangement. This allows the buyer to acquire the property while providing the current owners with a leaseback option until they secure a new, suitable location. The quiet neighborhood is characterized by a mix of professional and medical office users, providing a stable and desirable surrounding environment. The property's recent renovation ensures it is in excellent condition and ready for immediate occupancy, whether continued use as a church or conversion back to office space. The asking price for this remarkable property is $597,000. This presents a compelling opportunity for investors seeking a stable, income-generating asset with potential for future appreciation.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Baton Rouge
County
East Baton Rouge
State
Louisiana
Longitude
-91.0982
Latitude
30.4474
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
$0.00
$5,000
$45,000
$50,000
-
$50,000
$300,000
$350,000
More about this property
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