You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $5,540,000
Investment properties

5955 Airline Hwy Baton Rouge, LA 70805-3202

14,820 SF 2.28 ac lot Built 2006
Individually Owned 4-yr Hold Free & Clear
Property ID
US36-0632547
Property summary
AI-generated overview

This exceptional 14,820 square foot retail property, located at 5955 Airline Highway in Baton Rouge, Louisiana, presents a unique investment opportunity. Situated on a 2.15-acre lot, this Class A building boasts a single-tenant occupancy, currently vacant, offering significant potential for redevelopment or lease. Constructed in 2005, the property features a single-story design with ample parking for 85 vehicles. The zoning is C-2, allowing for a variety of uses including street retail, health-related businesses, auto-related services, restaurants, and governmental entities. The building's convenient location on Airline Highway, with a cross street of Greenwell Street, ensures high visibility and accessibility. The property is equipped with no elevators. The master lease expires on February 28, 2031. All offers are subject to the approval of Walgreens Co.'s Real Estate Committee. This prime location and substantial square footage make this an attractive proposition for discerning investors seeking a high-impact retail investment in a thriving Baton Rouge market. The zip code is 70805.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2006
Total area 14,820 SF
Lot 2.28 ac (99,186 SF)
APN 2311593
UPID US36-0632547
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
Current use
Occupant on record · Public records
  • Charmaine D. Huggins, PharmD Pharmacy
  • LibertyX Bitcoin ATM Atm
  • Walgreens Pharmacy Pharmacy
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.94M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.54M
Owner & transaction history
Exchangeright Net Leased Portfolio · 4 yrs held
Exchangeright Net Leased Portfolio
since 2022
Last sale
$6.1M
4 recorded transactions
2022
Price N/A
2022
$6.1M
2021
Price N/A
2014
$5.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 5955 Airline Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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