Baton Rouge Mixed Use Investment-11% CAP

Retail-Commercial for Sale
Also listed as Shopping Center, Multi-Family
Catylist Listing ID: 30163196
Property Subtypes: Day Care Facility, Mixed Use, Retail-Pad, Other
Building Size (RSF): 4,650 SF
Gross Land Area: 0.43 Acres
Sale Price: $275,000
Unit Price: $59.14 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 11.3%
Last Updated: 2/19/2020

Overview / Comments

Unique Mixed Use Investment Property For Sale.
Owners motivated. Bring offers.


Property consists of:

-1650 SF Single family Home rents for $1100/Month-1 year
-1500 SF Daycare rents for $1250/Month-3 years
- 500 SF Additional Daycare space rents for $500/Month-3 years
- 1000 SF Salon rents for $600/Month-2 years

Taxes- $5400 Annual
Insurance- $3900 Annual
Yard Maintenance-$1000 Annual

Property is clean, and surrounded by a quiet neighborhood.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 41
Tax ID/APN: 2329867
Zoning: C-1
Retail Clientele: General, Family, Business, Other
Property Visibility: Good
Largest Nearby Street: Florida Blvd.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,657 85,496 213,404
Median Age: 34.88 36.2 35.71
Households: 5,198 34,268 85,396


Photograph of Listing Agent

Travis A Thornton

Beau Box Commercial Real Estate Baton Rouge, LA 70808
Photograph of Listing Agent

Ashlyn Plaisance

Beau Box Commercial Real Estate Baton Rouge, LA 70808
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.