12310 Industriplex BlvdBaton Rouge, LA 70809

Property Details for 12310 Industriplex Blvd

Year built

1990

Property size (Sq ft)

9,376 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

3607585

APU

3607585

Description

This exceptional 10,170-square-foot office and warehouse facility becomes available May 1, 2024, due to tenant relocation. The property boasts a versatile layout, featuring 4,320 square feet of office space and 5,850 square feet of warehouse space. The warehouse area offers a generous 22-foot eave height and a largely clear span design, maximizing efficiency and storage capacity. Access is facilitated by two ground-level receiving doors, easily accommodating 18-wheeler trucks. Further enhancing its functionality is an 830-square-foot air-conditioned test/assembly shop, complete with a one-ton crane, perfect for various manufacturing processes. A well-appointed showroom or open area adds to the property's versatility. The property is secured by a perimeter fence, providing peace of mind. Strategically located on Industriplex Boulevard, this property enjoys excellent visibility and convenient access to Airline Highway (within a quarter-mile). The M-1 zoning makes it ideal for assembly, fabrication, manufacturing, cabinet building, or actuated valve testing. This two-story building presents a rare opportunity for businesses seeking a well-equipped and conveniently located industrial space. The property features heavy electric power and two drive-in doors. This single-tenant property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,632,183

  6.5%

  $1,506,631

  7%

  $1,399,014

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,108,575

  Geo Method

  $4,350,975

• Alternative Use

  Use

  Valuation

  Residential

  $1,506,631

  Hospitality

  $1,380,066

  Educational

  $1,148,198

  Medical

  $1,187,687

  Retail

  $1,786,086

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.3838

Longitude

-91.043

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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