Flex Property with Covered
15735 Florida Boulevard, Baton Rouge, LA 70819
For Sale
New
$2,900,000
M-1-zoned facility includes climate-controlled space, roll-up access, and a covered outdoor work area.
Property Size28,500 SF
Price / SF$114.97
Days on Market4
Property Features for 15735 Florida Boulevard
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Road Access
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Sprinkler System
Conditioned Warehouse
Additional Details
Cap Rate
Building Details
Building Size
Year Built
Listing Agency:
CHT Group Real Estate, LLC
Listed By:
Tiffany McBride · License #0995702476
(225) 278-2311
Source:
Talbot-realty
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 4:24PM
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 CHT Group Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 1980 flex property contains 25,225 square feet of heated and cooled space, plus a 4,000-square-foot covered apron. The gated site includes three roll-up doors, a full fire sprinkler system, and 15 HVAC units installed in 2026. The property is zoned M-1 Light Industrial and has approximately 1.6 acres of cleared land behind the building. Recent interior and exterior renovations are also noted.
The building fronts Florida Boulevard, with approximately 190.50 feet of road frontage and an average daily traffic count of 20,406 vehicles. It is near O'Neal Lane and Central Thruway in Baton Rouge.
The building fronts Florida Boulevard, with approximately 190.50 feet of road frontage and an average daily traffic count of 20,406 vehicles. It is near O'Neal Lane and Central Thruway in Baton Rouge.
Key Highlights
- 25,225 square feet of heated and cooled building space
- 4,000‑square‑foot covered apron
- Approximately 1.6 acres of cleared land at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$204,262
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,085,240
$4.1M
Cap Rate 7%
$2,918,029
$2.9M
Cap Rate 9%
$2,269,578
$2.3M
Market Conditions
NOI Build-Up for 25,225 SF
Gross rent
$245.2K $9.72/SF
− Vacancy
−$4.9K −$0.19/SF
EGI
$240.3K $9.53/SF
− OpEx
−$36.0K −$1.43/SF
NOI
$204.3K $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%
$4,085,240
Cap Rate 7%
$2,918,029
Cap Rate 9%
$2,269,578
Alternative Uses
Best Use
Warehouse
$2.92M
$2.55M – $3.40M
NOI $204,262 @ 7.0% cap · market cap 7.04%
Second Best
Industrial
$2.40M
$2.10M – $2.80M
NOI $168,215 @ 7.0% cap · market cap 5.80%
Theoretical Best
Specialty Retail
$6.04M
$5.29M – $7.05M
NOI $422,881 @ 7.0% cap · market cap 14.58%
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
Lease Details
Yes
Sprinkler system
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70819, LA
5,104
Population
1,604
Households
3.2
Avg Household Size
34
Median Age
33%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
1,110
Density / Sq Mi
$77,150
Median Household Income
$43,882
Median Earnings
$1,228
Median Rent
$167,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Baton Rouge, LA
Properties on Market for Flex space in Baton Rouge
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - M-1-zoned facility includes climate-controlled space, roll-up access, and a covered outdoor work area.
Where is this flex space located?
The property is located at 15735 Florida Boulevard Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 25,225 square feet of heated and cooled building space; 4,000‑square‑foot covered apron; Approximately 1.6 acres of cleared land at the rear
