Property profile

4601 Sherwood Frst Blvd Baton Rouge, LA 70816

OFF-MARKET
Commercial real estate
Property ID
US36-0696777
2,250 SF 1 ac lot Built 1983
Individually Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,250 square foot retail endcap space is ideally located at 4601 S Sherwood Forest Blvd in Baton Rouge, Louisiana, zip code 70816. Situated within the established Quarters retail center, this single-tenant property boasts unparalleled visibility at the highly trafficked intersection of Coursey Blvd and S Sherwood Forest Blvd, experiencing an estimated daily traffic count of approximately 47,195 vehicles. The property is zoned LC2 – Light Commercial Two and features a two-story building with ample surface parking for both customers and staff. The space is currently vacant and available for sale or lease. This prime location benefits from the presence of numerous well-established businesses within the center, including Waka House, Spanky's Daiquiris, Jackson Hewitt, The Vision & Eye Center, Kiss My Nails, and Tiger Sushi, many of which have operated successfully for over a decade. The surrounding area is densely populated with retail establishments, including national brands like Walmart, Walgreens, Subway, and Wendy's, ensuring consistent customer traffic and high exposure. Additional features include a full bathroom upstairs and a pylon signage opportunity, maximizing visibility and brand recognition. The property's APN is 350621, located in East Baton Rouge Parish. This is a rare opportunity to secure a highly visible and well-positioned retail space in a thriving commercial area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1983
Total area 2,250 SF
Lot 1 ac (43,560 SF)
APN 350559
UPID US36-0696777

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
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Location

4601 Sherwood Frst Blvd Baton Rouge, LA 70816-4465
Baton Rouge metro Census 3907 BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2008
2 recorded transactions
2008
$237,000
2008
$195,000

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
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