Millerville Road Commercial
2875 Millerville Rd Baton Rouge, LA 70816
2875 Millerville Rd, Baton Rouge, LA, 70816
$1,800,000
For Sale
$1,800,000
Versatile commercial property with warehouse, office, showroom, and fenced yard.
Property Size7,500 SF
Price / SF$240
Days on Market238
Property Features for 2875 Millerville Rd
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- Industrial
Listing Agency
(501) 416-4538
Listed by
Blake Howard
(501) 416-4538
Source
Naiglobal
Added: Nov 21, 2025 Checked: Jul 17 at 4:12 am
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 Blake Howard
Investment Insights
Based on property information with market context.
Located on Millerville Road in Baton Rouge, less than a quarter mile south of Interstate 12, this property offers excellent access and visibility. The site features a 7,200 SF building that includes warehouse space, office areas, and a showroom, offering versatile functionality for a range of industrial and commercial uses. Situated on approximately 2 acres, the property also includes a 53,000 SF fenced and stabilized yard, ideal for outdoor storage, fleet parking, or equipment staging. The property is currently leased to Golf Carts of Louisiana, a well-established tenant with 5 years remaining on the lease, providing stable income for investors.
Key Highlights
- Strategic location on Millerville Road, less than a quarter mile south of Interstate 12, offering excellent access and visibility.
- Currently leased to Golf Carts of Louisiana with 5 years remaining on the lease, providing stable income.
- Features a 7,200 SF building with warehouse, office, and showroom space.
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 | $168.3k | $22.44 |
| − Vacancy | −$656 | −$0.09 |
| EGI | $167.6k | $22.35 |
| − OpEx | −$50.3k | −$6.71 |
| NOI | $117.4k | $15.65 |
7,500 SF · lease $22.44/SF/yr · vacancy 0.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.68M
$1.47M – $1.96M
NOI $117,351 @ 7.0% cap · market cap 6.52%
Second Best
Warehouse
$867.6K
$759.2K – $1.01M
NOI $60,732 @ 7.0% cap · market cap 3.37%
Theoretical Best
Specialty Retail
$1.80M
$1.57M – $2.10M
NOI $125,733 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Golf Cars of Louisiana
Golf Cart Dealer
Southern Quality Construction
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- Stevens Storage Units — 2168 O'Neal Ln, Baton Rouge, LA 70816
- The Storage Center — 1920 O'Neal Ln, Baton Rouge, LA 70816
- Near2Me Storage Units — 13606 millerville greens blvd, baton rouge, la 70816
- North American Van Lines — 13455. S. Harrell, 13455 S Harrells Ferry Rd Suite 100, Baton Rouge, LA 70816
- David Moving Company — 13455 S Harrells Ferry Rd, Baton Rouge, LA 70816
FAQs
What type of property is this?
Warehouse - Versatile commercial property with warehouse, office, showroom, and fenced yard.
Where is this warehouse located?
The property is located at 2875 Millerville Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Strategic location on Millerville Road, less than a quarter mile south of Interstate 12, offering **excellent access and visibility**.; Currently leased to Golf Carts of Louisiana with 5 years remaining on the lease, providing **stable income**.; Features a **7,200 SF building** with warehouse, office, and showroom space.
