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Turnkey Flex Warehouse Property
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15025-15045 Market St, Baton Rouge, LA 70817

Turnkey flex-warehouse offering two onsite buildings with office space, conference areas, and roll-up warehouse doors.

Property Size10,600 SF
Lot Size2.00 Acres
Price / SF$150
Days on Market240

Property Features for 15025-15045 Market St

General Information

Standard status Active
Size 10,600 SF
Total Parking Spaces 56
Lot size 2.00 Acres
Property subtype INDUSTRIAL

Additional Details

Road Access Yes
Drive-In Doors 2

Amenities

private offices
conference areas
breakrooms
climate-controlled storage
Listing Agency: Lee & Associates | Baton Rouge
Listed By: Will Watson · License #995701278-ACT
Source: Moodyscre
Added: Dec 2, 2025 Changed: Jul 26 Last Checked: Jul 29 at 3:30PM

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 Lee & Associates | Baton Rouge

Investment Insights

Based on property information with market context.

This turnkey flex warehouse property includes two improved facilities on one site. Building 1 consists of a 5,044-square-foot office building built in 2008 with several private offices, a training/conference room, breakroom/kitchenette, and a 1,000-square-foot storage area furnished with two garage doors. Building 2 is a 5,556-square-foot flex/warehouse building built in 2016 featuring 5 private offices, a large training/conference room, a kitchenette, and two warehouse areas totaling 2,348 square feet, each served by large roll-up doors.

The property is situated on approximately 2 acres and offers ample parking with 56 spaces and great visibility with approximately 280 feet of frontage. The site is positioned for practical day-to-day access across both facilities.

Additional functional space includes climate-controlled storage of approximately 1,000 square feet. Overall, the configuration supports combined office and warehouse use within a single, operationally ready package.

Key Highlights

  • Two onsite buildings totaling 10,600 SF: 8,252 SF office/flex space and 2,348 SF warehouse space
  • Building 1: 5,044 SF office building built in 2008 with private offices, training/conference room, breakroom/kitchenette, and 1,000 SF storage with two garage doors
  • Building 2: 5,556 SF flex/warehouse building built in 2016 with 5 private offices, large training/conference room, kitchenette, and two 2,348 SF warehouse areas with large roll‑up doors

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 $138.6k $13.08
− Vacancy −$3.5k −$0.33
EGI $135.2k $12.75
− OpEx −$33.8k −$3.19
NOI $101.4k $9.56
10,600 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,386 @ 7.0% cap · market cap 6.38%
Second Best
Warehouse
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,834 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$2.54M
$2.22M – $2.96M (±1% cap)
NOI $177,702 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Law Firm Restaurant Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70817, LA

35,025
Population
14,106
Households
2.5
Avg Household Size
40
Median Age
50%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
1,379
Density / Sq Mi
$102,878
Median Household Income
$58,613
Median Earnings
$1,363
Median Rent
$288,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Deaux White LLC — 6010 Jones Creek Rd, Baton Rouge, LA 70817

Frequently Asked Questions

What type of property is this?
Flex space - Turnkey flex-warehouse offering two onsite buildings with office space, conference areas, and roll-up warehouse doors.
Where is this flex space located?
The property is located at 15025-15045 Market St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Two onsite buildings totaling 10,600 SF: 8,252 SF office/flex space and 2,348 SF warehouse space; Building 1: 5,044 SF office building built in 2008 with private offices, training/conference room, breakroom/kitchenette, and 1,000 SF storage with two garage doors; Building 2: 5,556 SF flex/warehouse building built in 2016 with 5 private offices, large training/conference room, kitchenette, and two 2,348 SF warehouse areas with large roll‑up doors
(318) 914-1576 Call to check price and availability
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