Corner Property on Florida
15840 Florida Blvd, Baton Rouge, LA 70819
High-visibility commercial property with redevelopment potential in Baton Rouge, LA.
Type:Industrial, Office
Property size:
5,000 SFLot size:
0.85 AcresPrice / SF:
$179/SF- Added:
- Mar 17, 2026
- Days on Market:
- 102
- Last Refresh:
- Mar 20 at 12:07 am
Property Features for 15840 Florida Blvd
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.85 Acres
- Property subtype
- Industrial, Office
Listing office Century 21 Investment Realty
Listing date Mar 17, 2026
Source Crexi
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 Century 21 Investment Realty
HighLights
- Prime corner location on Florida Boulevard with high visibility (35,000 vehicles per day).
- Significant redevelopment potential in an evolving commercial corridor.
- Currently fully leased, providing immediate income.
- Two adjacent tracts totaling ±0.85 acres with two metal buildings totaling ±5,000 square feet.
- Convenient access to Interstate 12.
- Close proximity to O’Neal Lane and Central Thruway commercial corridor, medical, and retail amenities.
Overview
This commercial property is located near the intersection of O’Neal Lane and Florida Boulevard in Baton Rouge, Louisiana. It consists of two adjacent tracts totaling approximately 10.85 acres and includes two metal buildings totaling approximately 5,000 square feet. The property is currently fully leased to an automotive sales and repair tenant, providing immediate income. Positioned along Florida Boulevard, the property benefits from traffic counts of approximately 35,000 vehicles per day and convenient access to Interstate 12, providing connectivity between Baton Rouge and Denham Springs. It is also close to the O’Neal Lane and Central Thruway commercial corridor and nearby medical and retail amenities. The long-term value of the property lies in its visible corner location and redevelopment potential. The site offers flexibility for future owner-user occupancy, redevelopment, or repositioning. This property is suitable for automotive shops, retail, office, warehouse, and other commercial uses.
Local Financial Insights For Retail
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 | $112.2k | $22.44 |
| − Vacancy | −$438 | −$0.09 |
| EGI | $111.8k | $22.35 |
| − OpEx | −$33.5k | −$6.71 |
| NOI | $78.2k | $15.65 |
5,000 SF · lease $22.44/SF/yr · vacancy 0.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.12M
$977.9K – $1.30M
NOI $78,234 @ 7.0% cap · market cap 8.70%
Second Best
Office B
$683.2K
$597.8K – $797.1K
NOI $47,824 @ 7.0% cap · market cap 5.32%
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $83,822 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Eagle Eye Auto ...
Car Dealership
Rocky & Williams RV
Auto Repair Shop
Similar Places Nearby
- Brakes & More — 11809 Florida Blvd, Baton Rouge, LA 70815
- Centurion Car Care — 11857 Florida Blvd, Baton Rouge, LA 70815
- Superior Transmission — 11833 Florida Blvd, Baton Rouge, LA 70815
- Marks Seat Cover Center Inc. — 11760 Florida Blvd, Baton Rouge, LA 70815
- Paint & Body — 11863 Florida Blvd, Baton Rouge, LA 70815
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.0105432
- Latitude
- 30.4659199
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - High-visibility commercial property with redevelopment potential in Baton Rouge, LA.
Where is this auto shop located?
The property is located at 15840 Florida Blvd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Prime corner location on Florida Boulevard with high visibility (35,000 vehicles per day).; Significant redevelopment potential in an evolving commercial corridor.; Currently fully leased, providing immediate income.
