The subject property is a single story, single tenant, office/ warehouse, approximately 7,500 square feet in size and located at 6153 Airline Highway, Baton Rouge, LA 70805. This office warehouse is located 2.1 miles south and east of Interstate 110 and 4.0 miles north of Florida Boulevard. The subject property is located in the northern part of the Baton Rouge city limits and within 2.5 miles of the Baton Rouge Metro Airport. The section of Airline Highway where the subject property is located is an older industrial corridor with a mixture of industrial and commercial buildings. Surrounding the subject property are older single family, residential neighborhoods, older retail shopping centers and office warehouses similar in size, age and condition to the subject property.

The subject property consists of land and improvements. The land is comprised of a single lot that totals approximately 4.11 acres. The subject property has approximately 155’ of frontage on the eastern side of Airline Highway and an average depth of 1,320’. The improvements include two single tenant buildings. This property valuation is only taking into account the rear portion of 6153 Airline Highway that totals 2.5 acres in land size and has a single metal building that measures approximately 50’ x 150’ for a total area of 7,500 square feet. There is approximately 3,000 square feet of office and classroom space and 4,500 square feet of warehouse and shop space. The exterior of the building is an off-white metal corrugated siding with light brown trim. The front of the building has a metal canopy covering the front entrance door. The exterior of the building is clean, but shows its age with faded paint and moderate rust. This condition is consistent for its age and location. There is a large parking lot that is paved asphalt and is shared by the two buildings. For the sake of this valuation only 11 parking spaces are included with the warehouse and back 2.5 acres. There is a fenced yard that is adjacent and to the south of the subject building. The yard is mostly grass but there is some gravel/limestone. There are two, grade level, 10’x12’ roll up doors located on the southern side of the building giving access to the fenced yard area. Overall the subject property is in fair condition for its age and location.