10120 Red Oak

Office for Sale
Distressed
Also listed as Special Purpose
Catylist Listing ID: 30819233
Property Subtypes: Coworking, Governmental, Flex Space, Office Building, Other
Building Size (RSF): 16,250 SF
Gross Building Area: See Agent
Gross Land Area: 1.55 Acres
Sale Price: $625,000
Unit Price: $38.46 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class C
Sale Terms: Cash to Seller
Short Sale/Bank-Owned: Yes
Cap Rate: Undisclosed
Last Updated: 11/30/2022

Overview / Comments

10120 Red Oak Dr is a vacant office property located on the corner of Red Oak Drive and Sharp Lane in Baton Rouge, Louisiana. The Property was built in 1950 and renovated in 2003 and consists of 16,250 leasable square feet situated on 1.55 acres of land. Per publicly available information, the entire premises was formally occupied by Education Partners, Inc. and only 12,000 of the 16,250 square feet is finished out for office use. Excellent opportunity for a technical school/college.

Listed in conjunction with Edge Capital Markets.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 41
Taxing Authority: East Baton Rouge Parish
Tax ID/APN: 009-4085-2
Zoning: C1
Property Located Between: Sharp Ln and Red Oak Dr
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 16,250 SF
Year Built: 1950
Year Renovated: 2003
Parking Ratio: 5.5 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 90
Lot Frontage: 270
Lot Depth: 250

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,118 88,248 219,439
Median Age: 35.66 35.83 35.3
Households: 4,365 35,716 88,166

Contact

Photograph of Listing Agent

Bryant Butler

Beau Box Commercial Real Estate Baton Rouge, LA 70808
LACDB Member
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