Flex Space with Office and
For Sale
Contact for pricing
450-464 Rosenwald St, Reserve, LA 70084
Two standalone buildings with a newly renovated Class A office and functional warehouse space, plus potential stabilized yard.
Property Size9,750 SF
Lot Size1.83 Acres
Price / SF$97.44
Days on Market101
Property Features for 450-464 Rosenwald St
General Information
Standard status
Active
Size
9,750 SF
Class
Class A
Lot size
1.83 Acres
Property subtype
INDUSTRIAL
Additional Details
Office Build-Out
3,250 SF
Amenities
conference room
training room
Building Details
Buildings
2
Listing Agency:
Lee & Associates | Baton Rouge
(225) 427-9200
Listed By:
Tom McGee
(318) 282-2974
Source:
Moodyscre
Added: Jul 21
Changed: Oct 25
Last Checked: Oct 28 at 10:44AM
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 Lee & Associates | Baton Rouge
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space offering consists of approximately 9,750 SF across two standalone buildings on an 1.83-acre site. The mix includes a 6,500 SF industrial facility with functional warehouse space, along with a newly renovated 3,250 SF Class A office building.
The office portion is designed for business operations and includes a conference room, training room, private offices, and modern finishes. The overall building layout is functional and supports a variety of day-to-day operational needs for industrial users.
The property also provides potential for up to 1 acre of stabilized yard space, which can support equipment staging, storage, or other contractor and logistics workflows. Located in Reserve, Louisiana, the property is positioned within the state’s industrial corridor.
The office portion is designed for business operations and includes a conference room, training room, private offices, and modern finishes. The overall building layout is functional and supports a variety of day-to-day operational needs for industrial users.
The property also provides potential for up to 1 acre of stabilized yard space, which can support equipment staging, storage, or other contractor and logistics workflows. Located in Reserve, Louisiana, the property is positioned within the state’s industrial corridor.
Key Highlights
- ~9,750 SF total across two standalone buildings
- 1.83‑acre site with flex office and industrial warehouse space
- 6,500 SF industrial facility with functional warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,416
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,568,320
$1.6M
Cap Rate 7%
$1,120,229
$1.1M
Cap Rate 9%
$871,289
$871.3K
Market Conditions
NOI Build-Up for 9,750 SF
Gross rent
$97.1K $9.96/SF
− Vacancy
−$4.9K −$0.50/SF
EGI
$92.3K $9.46/SF
− OpEx
−$13.8K −$1.42/SF
NOI
$78.4K $8.04/SF
Area
St. John the Baptist County, LA
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,568,320
Cap Rate 7%
$1,120,229
Cap Rate 9%
$871,289
Alternative Uses
Best Use
Office B
$1.93M
$1.69M – $2.25M
NOI $135,275 @ 7.0% cap · market cap 14.24%
Second Best
Warehouse
$1.12M
$980.2K – $1.31M
NOI $78,416 @ 7.0% cap · market cap 8.25%
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $180,063 @ 7.0% cap · market cap 18.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70084, LA
6,411
Population
2,960
Households
2.2
Avg Household Size
44
Median Age
14%
College-Educated
78%
High-School Grad
18.1 sq mi
ZIP Area
354
Density / Sq Mi
$61,736
Median Household Income
$32,290
Median Earnings
$1,158
Median Rent
$162,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two standalone buildings with a newly renovated Class A office and functional warehouse space, plus potential stabilized yard.
Where is this flex space located?
The property is located at 450-464 Rosenwald St Reserve, LA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: ~9,750 SF total across two standalone buildings; 1.83‑acre site with flex office and industrial warehouse space; 6,500 SF industrial facility with functional warehouse space
