Cold Storage Food Processing
For Sale
$5,150,000
601 Neosho Ave, Baton Rouge, LA 70802
M2-zoned property pairs temperature-controlled production space with office areas and dock-high loading.
Property Size51,926 SF
Price / SF$99.18
Days on Market37
Property Features for 601 Neosho Ave
General Information
Standard status
Active
Size
51,926 SF
Property subtype
Industrial
Zoning
M2
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Office Build-Out
3,100 SF
Dock-High Doors
5
Drive-In Doors
1
Cold Storage
Yes
Cold Storage Area
48,826 SF
Cold Storage Temp
-30-50 °F
Building Details
Building Size
51,926 SF
Listing Agency:
Beau Box Commercial Real Estate
Listed By:
Bryant Butler · License #SALE.995706731-ACT
(225) 237-3343
Source:
Lacdb.resimplifi
Added: Sep 9
Changed: Oct 13
Last Checked: Oct 14 at 7:44PM
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 Beau Box Commercial Real Estate
Investment Insights
Based on property information with market context.
This 51,926-square-foot facility in Baton Rouge includes 48,826 square feet for cold storage and processing, alongside approximately 3,100 square feet of office space. The insulated building accommodates freezer and blast-freezer zones operating from -30 to -10 degrees, as well as refrigerated areas maintained at 40-50 degrees. Loading is supported by five dock-high doors and one drive-in ramp, and the building has 26-foot eave clearance. The property is offered as-is.
At 601 Neosho Ave, the site is fenced and secured. Access is via I-110, with regional connections through I-10 and I-12. The property is located immediately south of the ExxonMobil refinery and other chemical and industrial operators.
At 601 Neosho Ave, the site is fenced and secured. Access is via I-110, with regional connections through I-10 and I-12. The property is located immediately south of the ExxonMobil refinery and other chemical and industrial operators.
Key Highlights
- 51,926 SF facility with 48,826 SF of cold storage and processing area
- Freezer and blast‑freezer zones: -30 to -10 degrees; refrigerated areas: 40‑50 degrees
- Five dock‑high loading doors and one drive‑in ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$420,475
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,409,500
$8.4M
Cap Rate 7%
$6,006,786
$6.0M
Cap Rate 9%
$4,671,944
$4.7M
Market Conditions
NOI Build-Up for 51,926 SF
Gross rent
$504.7K $9.72/SF
− Vacancy
−$10.0K −$0.19/SF
EGI
$494.7K $9.53/SF
− OpEx
−$74.2K −$1.43/SF
NOI
$420.5K $8.10/SF
Area
Baton Rouge, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,409,500
Cap Rate 7%
$6,006,786
Cap Rate 9%
$4,671,944
Alternative Uses
Best Use
Warehouse
$6.01M
$5.26M – $7.01M
NOI $420,475 @ 7.0% cap · market cap 8.16%
Second Best
Industrial
$4.95M
$4.33M – $5.77M
NOI $346,274 @ 7.0% cap · market cap 6.72%
Theoretical Best
Specialty Retail
$12.44M
$10.88M – $14.51M
NOI $870,506 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
5
Dock-high doors
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
Explore this area
Business Placement
Demographics for 70802, LA
26,519
Population
13,887
Households
1.9
Avg Household Size
29
Median Age
24%
College-Educated
82%
High-School Grad
7.1 sq mi
ZIP Area
3,735
Density / Sq Mi
$34,082
Median Household Income
$23,215
Median Earnings
$935
Median Rent
$105,100
Median Home Value
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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?
Refrigerated & cold storage - M2-zoned property pairs temperature-controlled production space with office areas and dock-high loading.
Where is this refrigerated & cold storage located?
The property is located at 601 Neosho Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $5,150,000.
What are key features of this property?
This property features: 51,926 SF facility with 48,826 SF of cold storage and processing area; Freezer and blast‑freezer zones: -30 to -10 degrees; refrigerated areas: 40‑50 degrees; Five dock‑high loading doors and one drive‑in ramp
