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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 Market331

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

Site & Location

Neighborhood Shenandoah
Road Access Yes

Additional Details

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: Oct 25 Last Checked: Oct 28 at 8:31AM

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

Rey
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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

Estimated NOI and Cap Rate

NOI / Yr
$85,834
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,716,680 $1.7M
Cap Rate 7%
$1,226,200 $1.2M
Cap Rate 9%
$953,711 $953.7K
Market Conditions
NOI Build-Up for 10,600 SF
Gross rent
$103.0K $9.72/SF
− Vacancy
−$2.1K −$0.19/SF
EGI
$101.0K $9.53/SF
− OpEx
−$15.1K −$1.43/SF
NOI
$85.8K $8.10/SF
Area
Baton Rouge, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,716,680
Cap Rate 7%
$1,226,200
Cap Rate 9%
$953,711

Alternative Uses

Best Use
Warehouse
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,834 @ 7.0% cap · market cap 5.40%
Second Best
Industrial
$1.01M
$883.6K – $1.18M (±1% cap)
NOI $70,687 @ 7.0% cap · market cap 4.45%
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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

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 · Office Call to check price and availability
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