Price reduction Opportunity Zone Office complex w 3.3 acres

Office for Sale
Catylist Listing ID: 30029348
Property Subtypes: Business Park, Executive Suites, Governmental, High-Tech, Institutional, Medical, Office Building, Research & Development
Building Size (RSF): 14,500 SF
Gross Building Area: 160,736 SF
Gross Land Area: 3.69 Acres
Sale Price: $900,000
Unit Price: $62.07 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Building Name: Pyburn & Odom Engineering
Class of Space: Class C
Usable Size (USF): 14,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/4/2020

Overview / Comments

Opportunity Zone eligible.
Seller has reduced price for a quick closing. This site is currently home to Engineering firm. The complex is made up of one main brick two story office building, one single story office building and two office warehouses with a lay down yard. This property may be subdivided. Lease options available. Owner willing to subdivide.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 52
Tax ID/APN: 1610831264
Zoning: RURAL
Property Located Between: Old GSRI road next to LSU south Campus
Property Visibility: Excellent
Total Number of Buildings: 5
Number of Stories: 2
Roof Type: Arched
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: Rural
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Tracts 3d-1A-1 and 3d-2A-1 Sections 40 & 41 Township 8 South Range 1 East East Baton Rouge PArish

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,676 53,835 127,430
Median Age: 25.72 31.99 33.56
Households: 4,301 23,149 54,630


Photograph of Listing Agent

David A Trusty

Trusty Commercial Baton Rouge, LA 70809
LACDB Member
Photograph of Listing Agent

John D Trusty

Trusty Commercial Baton Rouge, LA 70809
LACDB Member
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