Freestanding Auto Body
For Sale
$220,000
3563 Plank Rd, Baton Rouge, LA 70805
Existing equipment and most furniture are included with the sale.
Property Size3,000 SF
Price / SF$73.33
Days on Market319
Property Features for 3563 Plank Rd
General Information
Standard status
Active
Size
3,000 SF
Property subtype
General Commercial
Property Condition
Severity
Repairs Needed
Evidence
some repairs
Additional Details
Business Included
Yes
Amenities
Central Air
3
Concrete Driveway.
Freestanding.
Listing Agency:
(530) 222-3800
Listed By:
Josh Barker Real Estate
(530) 222-3800
Source:
Xome
Added: Oct 16, 2025
Changed: Aug 30
Last Checked: Aug 30 at 2:00AM
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 Josh Barker Real Estate
Investment Insights
Based on property information with market context.
This 3,000-square-foot freestanding auto body shop includes central air, a concrete driveway, equipment, and most of the furniture used in the operation. An equipment inventory is available to identify the items included with the sale. The seller is willing to complete some repairs.
The property is located at 3563 Plank Rd in Baton Rouge, Louisiana. Its existing automotive service configuration and included contents provide a defined starting point for continued body shop operations.
The property is located at 3563 Plank Rd in Baton Rouge, Louisiana. Its existing automotive service configuration and included contents provide a defined starting point for continued body shop operations.
Key Highlights
- 3,000‑square‑foot auto body shop
- Equipment and most furniture included with the sale
- Equipment inventory available
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,006
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$400,120
$400.1K
Cap Rate 7%
$285,800
$285.8K
Cap Rate 9%
$222,289
$222.3K
Market Conditions
NOI Build-Up for 3,000 SF
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.
Gross rent
$29.2K $9.72/SF
− Vacancy
−$580 −$0.19/SF
EGI
$28.6K $9.53/SF
− OpEx
−$8.6K −$2.86/SF
NOI
$20.0K $6.67/SF
Area
Baton Rouge, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$400,120
Cap Rate 7%
$285,800
Cap Rate 9%
$222,289
Alternative Uses
Best Use
Retail
$670.6K
$586.8K – $782.3K
NOI $46,940 @ 7.0% cap · market cap 21.34%
Second Best
Industrial
$285.8K
$250.1K – $333.4K
NOI $20,006 @ 7.0% cap · market cap 9.09%
Theoretical Best
Specialty Retail
$718.5K
$628.7K – $838.2K
NOI $50,293 @ 7.0% cap · market cap 22.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Electronics 20%
Dining 19%
Dollar General
Shops & Services
7,798 visits/mo
0.3 miles
Domino's Pizza
Dining
2,383 visits/mo
0.3 miles
Boost Mobile
Electronics
1,311 visits/mo
0.2 miles
Metro by T-Mobile
Electronics
1,206 visits/mo
0.2 miles
Demographics for 70805, LA
26,025
Population
11,502
Households
2.3
Avg Household Size
34
Median Age
11%
College-Educated
72%
High-School Grad
11.4 sq mi
ZIP Area
2,283
Density / Sq Mi
$26,301
Median Household Income
$24,287
Median Earnings
$833
Median Rent
$103,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- J & S Tires & Services — 1502 Chippewa St, Baton Rouge, LA 70805
- Edwards Auto Repair Shop — 2763 Scenic Hwy, Baton Rouge, LA 70805
- Brothers Automotive, LLC — 2701 Plank Rd, Baton Rouge, LA 70805
- Vannak Automotive LLC — 2526 N Acadian Thruway E, Baton Rouge, LA 70805
- Fast Tires One — 2944 Plank Rd, Baton Rouge, LA 70805
Frequently Asked Questions
What type of property is this?
Auto shop - Existing equipment and most furniture are included with the sale.
Where is this auto shop located?
The property is located at 3563 Plank Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 3,000‑square‑foot auto body shop; Equipment and most furniture included with the sale; Equipment inventory available
