4.22 Acres on La Hwy 1

Office for Sale
Catylist Listing ID: 30507718
Property Subtypes: Office Building
Building Size (RSF): 4,500 SF
Gross Building Area: See Agent
Gross Land Area: 4.22 Acres
Sale Price: $2,700,000
Unit Price: $600 PSF
Property Use Type: Investment, Business
Building Name: Verizon
Class of Space: Class A
Usable Size (USF): 4,500 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 10/18/2019

Overview / Comments

4.22 Acre corner lot and 4500 SF building with frontage on LA Hwy 1 and Beaulieu Lane in Port Allen. Located within established retail developments. Long term lease in place with current tenant. Seller willing to subdivide acreage. Growing area with commercial, retail, hospitality, or restaurant potential.

Additional Details

Nearest MSA: Baton Rouge
County: West Baton Rouge
Submarket/Township: 70
Tax ID/APN: 305300000806
Zoning: COMMERCIAL
Property Located Between: La Highway 1, less than 2 miles from Intracoastal/MS River Bridge
Property Visibility: Excellent
Highway Access: LA Hwy 1
Site Description: Vacant property available on each side and the rear of building. Long term lease in place with current cellular retail tenant.
Area Description: Property is located in high growth area of La Highway 1 along major corridor. High traffic and visibility from highway approaching the Intracoastal/MS River Bridge.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,500 SF
Year Built: 2010
Roof Type: Flat
Construction/Siding: Brick/Vinyl Siding
Exterior Description: Brick, Stucco
Parking Type: Surface
Parking Description: Concrete
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: C-1
Lot Frontage: 431.14
Lot Depth: 462.13 / 394.21
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot BP-1 containing 4.217 AC in Sec 74, T7S, R12E, 53-8F CB414 E9 CB422 E104 (Plat Map 269A, MB6 E139) Municipal Township Ward 3, Lot Number BP-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,335 39,374 102,707
Median Age: 37.65 29.76 31.99
Households: 822 16,319 40,931

Contact

Photograph of Listing Agent

Lisa O Landers

RE/MAX Professional Baton Rouge, LA 70809
LACDB Member
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