13365 Coursey BlvdBaton Rouge, LA 70816

Property Details for 13365 Coursey Blvd

Year built

1996

Lot size

0.55 AC

Property size (Sq ft)

5,750 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

1028804

APU

1028804

Description

This exceptional commercial property, located on Coursey Boulevard in East Baton Rouge Parish, offers two available suites totaling 2,400 square feet within a 5,500 square foot building. The property features excellent visibility and accessibility on a highly trafficked thoroughfare, boasting a prime location next to established businesses such as Papa John's Pizza and Benny's Car Wash. The strategic placement ensures high foot traffic and significant brand exposure. This versatile space is ideal for a variety of uses, including office or retail businesses. The surrounding area is characterized by a strong presence of national and chain businesses, as well as grocery stores, creating a robust and desirable commercial environment. The property's location within a thriving retail corridor offers excellent demographics for businesses seeking a high-traffic location. A large pylon sign provides exceptional advertising opportunities. The property's APN is 010-2880-4. The building itself is a traditional office building with multiple tenancies, and the two available suites offer a combined 2,400 square feet of vacant space. This presents a unique opportunity for businesses seeking a well-located and highly visible space in a bustling commercial area. The property is categorized as a traditional office building, offering a professional and established setting for any business.

• CAP approach

  CAP return

  Valuation

  6%

  $1,000,899

  6.5%

  $923,907

  7%

  $857,913

• Comparable approach

  Method

  Valuation

  Relative Method

  $679,853

  Geo Method

  $2,668,314

• Alternative Use

  Use

  Valuation

  Residential

  $923,907

  Hospitality

  $846,293

  Educational

  $704,106

  Medical

  $728,322

  Retail

  $1,095,276

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4091

Longitude

-91.031

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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