Industrial Investment Property For
7000 Greenwell Springs Rd Baton Rouge, LA 70805
7000 Greenwell Springs Rd, Baton Rouge, LA, 70805
Contact for pricing
For Sale
Contact for pricing
Industrial investment property available on Greenwell Springs Road.
Property Size38,479 SF
Price / SF$75.37
Days on Market145
Property Features for 7000 Greenwell Springs Rd
General Information
- Standard status
- Active
- Size
- 38,479 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1993
Listing Agency
Beau Box Commercial Real Estate Baton Rouge
(225) 333-9807
Listed by
Cade Bogan · License #0995693088
Source
Crexi
Added: Feb 26 Updated: Jul 10 at 1:11 pm Checked: Jul 20 at 4:09 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 Beau Box Commercial Real Estate Baton Rouge
Investment Insights
Based on property information with market context.
This industrial investment property is located at 7000 Greenwell Springs Road. The property is positioned on the south side of Greenwell Springs Road, less than half a mile west of the Greenwell Springs Road (LA-37) and Airline Highway interchange. The tenants are Central Plumbing Company, Inc., and Entergy. The property size is 38479 square feet. Complete lease documentation is available upon execution of a Confidentiality Agreement.
Key Highlights
- Industrial investment property.
- Located on Greenwell Springs Road.
- Proximity to Greenwell Springs Road (LA‑37) and Airline Hwy interchange.
Local Financial Insights For Industrial
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 | $374.0k | $9.72 |
| − Vacancy | −$7.4k | −$0.19 |
| EGI | $366.6k | $9.53 |
| − OpEx | −$110.0k | −$2.86 |
| NOI | $256.6k | $6.67 |
38,479 SF · lease $9.72/SF/yr · vacancy 1.99% · expense 30.00%
Alternative Uses
Best Use
Industrial
$3.67M
$3.21M – $4.28M
NOI $256,601 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.22M
$8.06M – $10.75M
NOI $645,076 @ 7.0% cap · market cap 22.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Central Plumb It ...
Plumbing Service
Central Plumbing
Plumbing Service
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial property - Industrial investment property available on Greenwell Springs Road.
Where is this industrial property located?
The property is located at 7000 Greenwell Springs Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Industrial investment property.; Located on Greenwell Springs Road.; Proximity to Greenwell Springs Road (LA‑37) and Airline Hwy interchange.
