Flex Space with Secured
11590 N Harrells Ferry Rd Baton Rouge, LA 70816
For Sale
$515,000
C-2 flex property off I-12 with secured fenced yard, office/warehouse-shop, and an on-site residence plus leased billboard income.
Property Size4,794 SF
Price / SF$107.43
Days on Market98
Property Features for 11590 N Harrells Ferry Rd
General Information
- Standard status
- Active
- Size
- 4,794 SF
Listing Agency:
PINO & Associates
(225) 324-8935
Listed By:
Lori Palmer
(225) 324-8935
Source:
Exprealty
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 25 at 3:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PINO & Associates
Investment Insights
Based on property information with market context.
This C-2 zoned flex property combines commercial buildings with outdoor operations space. The site is fully fenced and secured with an electric gate and includes an expansive gravel yard, plus covered and uncovered parking areas to support equipment staging, fleet parking, or secure storage. Improvements include approximately 1,500 SF of office space and an adjoining warehouse/shop used for equipment and tool operations and storage. The property also features a 3,469 SF main residence with multiple bedrooms, a full kitchen, and flexible interior space.
Located just off I-12 on N. Harrell’s Ferry Rd in Baton Rouge, the property is positioned for high visibility and convenient interstate access. A leased billboard on-site provides an existing income stream.
Overall, the layout supports multiple on-site functions through the combination of office, warehouse/shop, and secured yard space, with the residence offering additional live-work flexibility or separate rental potential.
Located just off I-12 on N. Harrell’s Ferry Rd in Baton Rouge, the property is positioned for high visibility and convenient interstate access. A leased billboard on-site provides an existing income stream.
Overall, the layout supports multiple on-site functions through the combination of office, warehouse/shop, and secured yard space, with the residence offering additional live-work flexibility or separate rental potential.
Key Highlights
- C‑2 zoned commercial property just off I‑12 on N. Harrell’s Ferry Rd with strong interstate exposure.
- Leased billboard on‑site generates passive income.
- Fully fenced and secured site with electric gate, plus expansive gravel yard for storage and staging.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.7k | $13.08 |
| − Vacancy | −$1.6k | −$0.33 |
| EGI | $61.1k | $12.75 |
| − OpEx | −$15.3k | −$3.19 |
| NOI | $45.9k | $9.56 |
4,794 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$655.0K
$573.2K – $764.2K
NOI $45,853 @ 7.0% cap · market cap 8.90%
Second Best
Warehouse
$554.6K
$485.3K – $647.0K
NOI $38,820 @ 7.0% cap · market cap 7.54%
Theoretical Best
Specialty Retail
$1.15M
$1.00M – $1.34M
NOI $80,368 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
National Searchlight
Party Supply Store
Similar Off Market Nearby
- Dreas Fine Catering — 1655 Sherwood Forest Blvd, Baton Rouge, LA 70815
FAQs
What type of property is this?
Flex space - C-2 flex property off I-12 with secured fenced yard, office/warehouse-shop, and an on-site residence plus leased billboard income.
Where is this flex space located?
The property is located at 11590 N Harrells Ferry Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: C‑2 zoned commercial property just off I‑12 on N. Harrell’s Ferry Rd with strong interstate exposure.; Leased billboard on‑site generates passive income.; Fully fenced and secured site with electric gate, plus expansive gravel yard for storage and staging.
