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    OFF-MARKET
    Commercial real estate

    538 8Th St, Baton Rouge, LA 70802

    1,600 SF 0.08 ac lot
    Property ID
    US36-0012308
    Property summary
    AI-generated overview

    This exceptional 1,600-square-foot executive office building, located at 538 N 8th Street in Baton Rouge, Louisiana, presents a compelling investment opportunity. Completely renovated in 2022, the property boasts modern interiors and the added benefit of solar power, reducing operational costs. Situated on a 0.08-acre lot (approximately 40ft x 86ft), the single-story Class B building offers convenient surface parking. The B-1 Transition zoning allows for versatile use, presenting potential for both office and residential development. Its prime location just south of the historic Spanish Town neighborhood provides easy access to Interstate 110 (approximately 700 feet) and Interstate 10 (approximately 2 minutes away), placing it within close proximity to LoadStar, a major site logistics provider. The asking price is $264,000, translating to $165 per square foot. While the interior is updated, there's potential to enhance the exterior and increase curb appeal, adding further value. The property's features, location, and zoning flexibility make it an attractive prospect for a variety of uses. The APN is 155616.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,600 SF
    Lot 0.08 ac (3,485 SF)
    APN 155616
    UPID US36-0012308
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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