12097 Old Hammond Hwy
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12097 Old Hammond Hwy
11,747 SF 100% Leased Office Building Baton Rouge, LA 70816 $725,000 ($62/SF)
Executive Summary
Office condominium complex available for purchase. 13 condo units totaling 11,747 sf. Current annual gross rents of $103,000 at 100% occupancy. This property averages 100% occupancy with most vacancies rented within 2 weeks of becoming vacant. Owner pays water, sewer & trash. Tenants pay electric. Rent Roll and P&L available upon request.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
11,747 SF
Building Class
C
Year Built
1980
Price
$725,000
Price Per SF
$62
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,874 SF
Building FAR
0.35
Lot Size
0.77 AC
Zoning
C1
Parking
75 Spaces (6.38 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $48,490 | |
| Land Assessment | $2,700 | Total Assessment | $51,190 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,700
Improvements Assessment
$48,490
Total Assessment
$51,190
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12097 Old Hammond Hwy
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