902 Main St Baker, LA 70714-3444
Property profile & analytics
902 Main St Baker, LA 70714-3444
- Investment properties
- 6,489 SF
Property ID
US36-0090486
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Fast Pace Health Urgent Care - Baker, LA / Medical Clinic
Property Details for 902 Main St
- Year built
- 1986
- Property size
- 6,489 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 1512676
- APU
- 1512676
Description
This exceptional investment opportunity presents a 3,600 square foot, single-tenant retail property leased to Fast Pace Health Urgent Care. Located at 902 Main St, Baker, LA 70714, this property boasts a 15-year NNN lease commencing November 14, 2021, with a remaining term of 12 years and rent bumps built in. The asking price is $2,122,286, representing a 5.25% cap rate and a price per square foot of $589.52. The property, built in 2021, sits on a 0.71-acre lot and enjoys 100% occupancy since October 31, 2021. The Net Operating Income (NOI) is $111,420. This investment benefits from a credit-rated tenant with a corporate guarantee, minimal landlord responsibilities (excluding long-term roof warranty, structure, and parking lot), and is situated in a high-traffic area near major retailers and employers, including Walmart, CVS, Exxon, and Southern University. The property's location on LA Hwy 19 sees over 24,000 cars daily. This is a strong, recession-resistant investment with a long-term lease and a rapidly expanding tenant with 141 locations across four states. The property's APN is 015-1267-6.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,585,000
- ML approach
- $1,570,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,079,000
Market price range: $275k - $1.08M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Baker
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.1685
- Latitude
- 30.5844
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,463
$15,000
$239,100
$254,100
-
$150,000
$1,594,000
$1,744,000
