Multi-Tenant Industrial Development
For Sale
Contact for pricing
20630 Plank Rd, Zachary, LA 70791
Multi-tenant industrial development in progress with high traffic frontage.
Property Size16,000 SF
Price / SF$125
Days on Market401
Property Features for 20630 Plank Rd
General Information
Standard status
Active
Size
16,000 SF
Property subtype
Industrial
Zoning
CG – Commercial General
Building Details
Units
8
Listing Agency:
Elifin Realty Baton Rouge
Listed By:
Alex Ruch · License #995714093
(225) 485-0238
Source:
Crexi
Added: Sep 2, 2025
Changed: Oct 6
Last Checked: Oct 7 at 12:51PM
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 Elifin Realty Baton Rouge
Investment Insights
Based on property information with market context.
Available for sale is a multi-tenant industrial development in progress, located at 20610 and 20630 Plank Rd. The planned development will encompass approximately 16,000 square feet within Building 1. The building is designed to be divided into eight units, each measuring approximately 2,000 square feet. The property benefits from frontage on Plank Rd, which experiences a traffic volume of approximately 12,447 vehicles per day. Plank Rd serves as a frequently used route for residents and businesses operating between Baton Rouge, northern East Baton Rouge Parish, and the Felicianas. The zoning designation for the property is CG – Commercial General, allowing for a range of commercial uses.
Key Highlights
- Multi‑tenant industrial development in progress.
- Planned ±16,000 SF building (Building 1).
- Eight ±2,000 SF units available.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,682
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,640
$1.6M
Cap Rate 7%
$1,166,886
$1.2M
Cap Rate 9%
$907,578
$907.6K
Market Conditions
NOI Build-Up for 16,000 SF
Gross rent
$124.8K $7.80/SF
− Vacancy
−$8.1K −$0.51/SF
EGI
$116.7K $7.29/SF
− OpEx
−$35.0K −$2.19/SF
NOI
$81.7K $5.11/SF
Area
East Baton Rouge County, LA
Vacancy
6.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,640
Cap Rate 7%
$1,166,886
Cap Rate 9%
$907,578
Alternative Uses
Best Use
Industrial
$1.17M
$1.02M – $1.36M
NOI $81,682 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.30M
$2.89M – $3.85M
NOI $231,063 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 70791, LA
29,432
Population
12,112
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
119.1 sq mi
ZIP Area
247
Density / Sq Mi
$80,243
Median Household Income
$57,376
Median Earnings
$1,389
Median Rent
$269,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Industrial property - Multi-tenant industrial development in progress with high traffic frontage.
Where is this industrial property located?
The property is located at 20630 Plank Rd Zachary, LA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Multi‑tenant industrial development in progress.; Planned ±16,000 SF building (Building 1).; Eight ±2,000 SF units available.
