Flex Space with Fenced
For Sale
$1,500,000
7530 LA Hwy 1, Addis, LA 70710
Commercial Sale, Addis, LA
Property Size7,700 SF
Lot Size1.32 Acres
Price / SF$194.81
Days on Market358
Property Features for 7530 LA Hwy 1
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Fencing
Fenced
Directions
Property is located in Addis on LA 1 South.
Standard status
Active
Lot size
1.32 Acres
Utilities
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1998
Building materials
Masonite
Roof type
Metal
Listing Agency:
Tigerland Properties
(225) 320-3004
Listed By:
Darlene Currie
(225) 304-2031
Added: Oct 23, 2025
Changed: Oct 8
Last Checked: Oct 15 at 10:06AM
MLS# 11596062
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7,700-square-foot flex property was built in 1998 and offers a practical interior configuration for varied commercial use. The building includes five rooms that can serve as offices or storage, along with a kitchen, two bathrooms, and natural gas heating. The electric kitchen and existing layout provide functional support space within the building.
The property occupies 1.32 acres along LA Hwy. 1 in Addis and includes a fenced storage area along the left side of the building. A metal roof was replaced in 2008 following Gustav. Public water serves the property. Inventory and equipment are excluded, although they may be negotiable separately. Building measurements are stated as 44X140, with measurements not warranted.
The property occupies 1.32 acres along LA Hwy. 1 in Addis and includes a fenced storage area along the left side of the building. A metal roof was replaced in 2008 following Gustav. Public water serves the property. Inventory and equipment are excluded, although they may be negotiable separately. Building measurements are stated as 44X140, with measurements not warranted.
Key Highlights
- 7,700 square feet on 1.32 acres
- Five rooms available for office or storage use
- Kitchen and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,649
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,980
$1.5M
Cap Rate 7%
$1,052,129
$1.1M
Cap Rate 9%
$818,322
$818.3K
Market Conditions
NOI Build-Up for 7,700 SF
Gross rent
$100.7K $13.08/SF
− Vacancy
−$2.5K −$0.33/SF
EGI
$98.2K $12.75/SF
− OpEx
−$24.5K −$3.19/SF
NOI
$73.6K $9.56/SF
Area
West Baton Rouge County, LA
Vacancy
2.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,980
Cap Rate 7%
$1,052,129
Cap Rate 9%
$818,322
Alternative Uses
Best Use
Office B
$1.05M
$920.6K – $1.23M
NOI $73,649 @ 7.0% cap · market cap 4.91%
Second Best
Industrial
$733.5K
$641.9K – $855.8K
NOI $51,348 @ 7.0% cap · market cap 3.42%
Theoretical Best
Specialty Retail
$1.84M
$1.61M – $2.15M
NOI $129,086 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70710, LA
6,749
Population
2,922
Households
2.3
Avg Household Size
32
Median Age
32%
College-Educated
95%
High-School Grad
8.0 sq mi
ZIP Area
844
Density / Sq Mi
$105,635
Median Household Income
$54,521
Median Earnings
$1,451
Median Rent
$242,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - The property includes five rooms, an electric kitchen, and two bathrooms for flexible commercial configuration.
Where is this flex space located?
The property is located at 7530 LA Hwy 1 Addis, LA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 7,700 square feet on 1.32 acres; Five rooms available for office or storage use; Kitchen and two bathrooms
