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Property profile & analytics
OFF-MARKET
Commercial real estate

604 Spanish Town Rd Baton Rouge, LA 70802

4,040 SF 0.08 ac lot
Property ID
US36-2494416
Property summary
AI-generated overview

This exceptional investment opportunity presents a 6-unit apartment building located at 604 Spanish Town Road, Baton Rouge, LA 70802. Situated on a 0.08-acre lot (APN 41475), this two-story building offers 4,040 square feet of space and is zoned A4 – General Residential. The property boasts numerous historic features ripe for restoration, presenting a blank slate for developers seeking a rehabilitation project. The building's exterior has been recently painted, and new plumbing was previously installed. This multifamily property, located in the highly desirable historic Spanish Town neighborhood of Downtown Baton Rouge, offers excellent street parking access due to its corner lot location. The potential exists to renovate and reconfigure the existing structure into 4 to 6 units, maximizing rental income potential. This is a rare chance to acquire a property in a coveted area with significant upside for the right investor. The asking price is $485,000.

Property profile
Verified
Property type Commercial real estate
Total area 4,040 SF
Lot 0.08 ac (3,485 SF)
APN 41475
UPID US36-2494416
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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