Office/Warehouse Flex
For Sale
Contact for pricing
Pending
1466 North St, Baton Rouge, LA 70802
M1-zoned flex property combines warehouse capacity with built-out offices and a secured rear yard.
Property Size15,000 SF
Lot Size0.71 Acres
Days on Market131
Property Features for 1466 North St
General Information
Standard status
Pending
Size
15,000 SF
Lot size
0.71 Acres
Property subtype
Industrial
Zoning
M1
Lease Type
NNN
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
13,500 SF
Office Build-Out
1,500 SF
Dock-High Doors
2
Building Details
Buildings
1
Listing Agency:
Momentum Commercial Real Estate
Listed By:
Andrew Hoover · License #995717244
(225) 335-6627
Source:
Lacdb.resimplifi
Added: Jun 8
Changed: Oct 5
Last Checked: Oct 14 at 7:50PM
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 Momentum Commercial Real Estate
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Investment Insights
Based on property information with market context.
This flex property contains approximately 15,000 SF, including 13,500 SF of warehouse area and 1,500 SF of office buildout. Warehouse improvements include two dock-high loading bays, a loading ramp, and large drive-in bi-fold metal doors. The office area provides three private offices, a showroom, centralized work room, break room, and two bathrooms.
The improvements sit on a 140' x 220' M1-zoned lot in Baton Rouge. A separately fenced 45' x 140' rear lot adds secured area for parking or staging. The property previously served as a distribution facility and includes a configuration suited to distribution and light manufacturing operations.
The improvements sit on a 140' x 220' M1-zoned lot in Baton Rouge. A separately fenced 45' x 140' rear lot adds secured area for parking or staging. The property previously served as a distribution facility and includes a configuration suited to distribution and light manufacturing operations.
Key Highlights
- Approximately 15,000 SF total building area
- 13,500 SF± warehouse space with two dock‑high loading bays
- Large drive‑in bi‑fold metal doors and loading ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,461
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,949,220
$1.9M
Cap Rate 7%
$1,392,300
$1.4M
Cap Rate 9%
$1,082,900
$1.1M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$153.0K $10.20/SF
− Vacancy
−$3.1K −$0.20/SF
EGI
$149.9K $10.00/SF
− OpEx
−$52.5K −$3.50/SF
NOI
$97.5K $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%
$1,949,220
Cap Rate 7%
$1,392,300
Cap Rate 9%
$1,082,900
Alternative Uses
Best Use
Warehouse
$1.74M
$1.52M – $2.02M
NOI $121,464 @ 7.0% cap · market cap 2,857,976.47%
Second Best
Industrial
$1.43M
$1.25M – $1.67M
NOI $100,029 @ 7.0% cap · market cap 2,353,623.53%
Theoretical Best
Specialty Retail
$3.59M
$3.14M – $4.19M
NOI $251,465 @ 7.0% cap · market cap 5,916,823.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Dock-high doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,503
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70802, LA
26,519
Population
13,887
Households
1.9
Avg Household Size
29
Median Age
24%
College-Educated
82%
High-School Grad
7.1 sq mi
ZIP Area
3,735
Density / Sq Mi
$34,082
Median Household Income
$23,215
Median Earnings
$935
Median Rent
$105,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- First In Catering — 715 Europe St, Baton Rouge, LA 70802
- Poindexter BBQ — 415 N 9th St, Baton Rouge, LA 70802
- CHEF CELESTE llc — 501 N 5th St, Baton Rouge, LA 70802
- Janaiz Kreationz LLC — 1120 Spanish Town Rd, Baton Rouge, LA 70802
Frequently Asked Questions
What type of property is this?
Flex space - M1-zoned flex property combines warehouse capacity with built-out offices and a secured rear yard.
Where is this flex space located?
The property is located at 1466 North St Baton Rouge, LA.
What are key features of this property?
This property features: Approximately 15,000 SF total building area; 13,500 SF± warehouse space with two dock‑high loading bays; Large drive‑in bi‑fold metal doors and loading ramp
