Flex Space with
For Sale
$425,000
21146 Plank Rd, Zachary, LA 70791
The building pairs private office space with a substantial shop area on a sizable land parcel.
Property Size5,609 SF
Lot Size10.68 Acres
Price / SF$75.77
Days on Market335
Property Features for 21146 Plank Rd
General Information
Standard status
Active
Size
5,609 SF
Lot size
10.68 Acres
Property subtype
Commercial
Building Details
Building Size
5,609 SF
Buildings
1
Listing Agency:
Debra Sullivan Dream Homes, LLC
Listed By:
Debra Sullivan
(225) 939-3710
Source:
Debrasullivandreamhomes
Added: Nov 26, 2025
Changed: Oct 27
Last Checked: Oct 27 at 3:30AM
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 Debra Sullivan Dream Homes, LLC
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Investment Insights
Based on property information with market context.
Set on 10.68 acres in Zachary, this flex property contains a 5,609-square-foot building with two private offices and a shop exceeding 4,000 square feet. The combination provides distinct office and work areas within one building.
The property is located on Plank Road in Zachary, Louisiana. Its acreage and existing building are the principal components of the offering.
The property is located on Plank Road in Zachary, Louisiana. Its acreage and existing building are the principal components of the offering.
Key Highlights
- 10.68‑acre property in Zachary, Louisiana
- 5,609‑square‑foot building
- Shop area of more than 4,000 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,414
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,280
$668.3K
Cap Rate 7%
$477,343
$477.3K
Cap Rate 9%
$371,267
$371.3K
Market Conditions
NOI Build-Up for 5,609 SF
Gross rent
$41.7K $7.44/SF
− Vacancy
−$2.4K −$0.43/SF
EGI
$39.3K $7.01/SF
− OpEx
−$5.9K −$1.05/SF
NOI
$33.4K $5.96/SF
Area
East Baton Rouge County, LA
Vacancy
5.80%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,280
Cap Rate 7%
$477,343
Cap Rate 9%
$371,267
Alternative Uses
Best Use
Flex RnD
$837.7K
$733.0K – $977.3K
NOI $58,638 @ 7.0% cap · market cap 13.80%
Second Best
Warehouse
$477.3K
$417.7K – $556.9K
NOI $33,414 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,002 @ 7.0% cap · market cap 19.06%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Well-served
Demand for This Use
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The building pairs private office space with a substantial shop area on a sizable land parcel.
Where is this flex space located?
The property is located at 21146 Plank Rd Zachary, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 10.68‑acre property in Zachary, Louisiana; 5,609‑square‑foot building; Shop area of more than 4,000 square feet
