Flex Space with Climate-Controlled
12231 Industriplex Blvd, Baton Rouge, LA 70809
For Sale
New
Contact for pricing
Ground-floor office space is paired with a climate-controlled warehouse component.
Property Size2,700 SF
Price / SF$0.00
Days on Market7
Property Features for 12231 Industriplex Blvd
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Warehouse & Industrial
Clear Height
Conditioned Warehouse
Additional Details
Property Use
Properties For Sale
at 12231 Industriplex Blvd
Suite A
Size
2,700 SF
Term
Negotiable
Listing Agency:
Elifin Realty
Listed By:
Alex Ruch · License LA #995714093
(225) 485-0238
Source:
Elifinrealty
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 8 at 3:42AM
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 Elifin Realty
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Investment Insights
Based on property information with market context.
This flex suite at 12231 Industriplex Blvd in Baton Rouge combines first-floor office space with a climate-controlled warehouse. The property totals approximately 2,700 square feet, and the warehouse has 20-foot clear height.
The suite is seconds from Airline Hwy, providing convenient proximity to the highway.
The suite is seconds from Airline Hwy, providing convenient proximity to the highway.
Key Highlights
- Approximately 2,700 SF of office and warehouse space
- Climate‑controlled warehouse with 20’ clear height
- First‑floor office component
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,543
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,860
$350.9K
Cap Rate 7%
$250,614
$250.6K
Cap Rate 9%
$194,922
$194.9K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$27.5K $10.20/SF
− Vacancy
−$551 −$0.20/SF
EGI
$27.0K $10.00/SF
− OpEx
−$9.4K −$3.50/SF
NOI
$17.5K $6.50/SF
Area
Baton Rouge, LA
Vacancy
2.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,860
Cap Rate 7%
$250,614
Cap Rate 9%
$194,922
Alternative Uses
Best Use
Warehouse
$312.3K
$273.3K – $364.4K
NOI $21,863 @ 7.0% cap
Second Best
Industrial
$257.2K
$225.1K – $300.1K
NOI $18,005 @ 7.0% cap
Theoretical Best
Specialty Retail
$646.6K
$565.8K – $754.4K
NOI $45,264 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
20 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70809, LA
25,302
Population
13,872
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
97%
High-School Grad
14.4 sq mi
ZIP Area
1,757
Density / Sq Mi
$81,310
Median Household Income
$55,827
Median Earnings
$1,336
Median Rent
$305,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Baton Rouge, LA
Properties on Market for Flex space in Baton Rouge
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- MF Good Catering LLC — 6721 Exchequer Dr, Baton Rouge, LA 70809
Frequently Asked Questions
What type of property is this?
Flex space - Ground-floor office space is paired with a climate-controlled warehouse component.
Where is this flex space located?
The property is located at 12231 Industriplex Blvd Baton Rouge, LA.
What are key features of this property?
This property features: Approximately 2,700 SF of office and warehouse space; Climate‑controlled warehouse with 20’ clear height; First‑floor office component
