5.68 Acres Florida Blvd.

Vacant Land for Sale
Also listed as Industrial
Catylist Listing ID: 30338447
Property Subtypes: Industrial, Office, Self Storage
Gross Land Area: 5.68 Acres
Sale Price: $990,000
Unit Price: $174,295 Per Acre
Sale Terms: Cash to Seller
Cap Rate: 6.06%
Last Updated: 11/29/2023

Overview / Comments

This 5.68-acre tract has over 500 feet of frontage on the Florida Blvd. The property is mostly stabilized and houses a mobile office building, which is approximately 2,000 SF, and a metal building with (2) roll up doors.

The property is currently leased through June 2028 with current annual income totaling $60,000, with annual increases. Tenant is responsible for payment of its utilities and grounds maintenance. Landlord pays property taxes and insurance.

Do not disturb tenant. Contact agent for more information.

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 42
Tax ID/APN: TMP182164
Zoning: RURAL
Property Located Between: O'Neal Lane and Stevendale Rd.
Feet of Frontage: 584
Highway Access: 190
In Flood Plain?: Yes
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,800 59,223 151,671
Median Age: 37.11 34.16 36.43
Households: 2,583 22,910 59,224

Contact

Photograph of Listing Agent

Bobby N Box

Property One Inc Baton Rouge
LACDB Member
Photograph of Listing Agent

Will H Adams, IV

Property One Inc Baton Rouge
Baton Rouge, LA 70816
LACDB Member
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