3.07 Acres on Plank Road by S Choctaw Near Exxon
Industrial
for Sale
| Catylist Listing ID: |
30465665 |
| Property Subtypes: |
Manufacturing, Light Industrial, Self Storage, Warehouse/Distribution
|
| Building Size (RSF): |
139,737 SF
|
| Gross Land Area: |
3.07 Acres
|
| Sale Price: |
$746,250 |
| Unit Price: |
$5.34 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
139,737 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/18/2024 |
Overview / Comments
Formerly the Louisiana Creamery, this property is located in the Opportunity Zone, and is a candidate for any number of tax incentives. Makes this an ideal redevelopment opportunity to anchor the Plank Road Redevelopment Plan, being unveiled November 5th, but expected to be focused on Plank Road between Choctaw and Mohican.
Owner will also consider subdividing the property, Building 1 being an good option for a C-store or Dollar Store with 147' of frontage on Plank Road between an Auto Zone and a CVS
|
Additional Details
| Nearest MSA: |
Baton Rouge |
| County: |
East Baton Rouge |
| Submarket/Township: |
51 |
| Taxing Authority: |
East Baton Rouge Parish |
| Tax ID/APN: |
000-3296-4 |
| Property Located Between: |
S. Choctaw Dr. and Plank Road |
| Rail Access: |
Yes |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1926 |
| X-Phase: |
3-Phase |
| Zoning Description: |
M-1 Industrial |
| Lot Frontage: |
147' |
| Legal Description: |
WARD: 1-1 #1370, Square: A& H, S |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,827 |
94,420 |
178,345 |
| Median Age: |
34.57 |
32.42 |
33.53 |
| Households: |
6,059 |
36,862 |
69,945 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
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