8759 Sullivan Rd Baton Rouge, LA 70818-6014
This exceptional 2,410-square-foot retail property, located at 8759 Sullivan Road in Baton Rouge, Louisiana, presents a unique investment opportunity. Previously occupied by Investar Bank, this well-maintained building boasts a desirable C-1 zoning classification, offering versatility for a range of commercial uses. Constructed in 2018, the property features a thoughtfully designed layout including a spacious conference room, three private offices, two bathrooms, a convenient break room, and a valuable drive-thru. The building's modern amenities and functional design make it an attractive option for businesses seeking a ready-to-occupy space. Situated less than one mile from the Reserve at Shoe Creek TND development, this location benefits from excellent visibility and accessibility, ensuring high potential for customer traffic and business growth. The asking price is $1,100,000, translating to $539.42 per square foot. The property's APN is 024-7444-1. This turnkey commercial space offers a compelling combination of location, features, and zoning, making it an ideal investment for discerning buyers. The property is located in East Baton Rouge Parish, Louisiana, zip code 70818.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.