Commercial Building on Acadian
For Sale
$125,000
3515 N Acadian Thruway, Baton Rouge, LA 70805
1,400 SF building on a high-traffic thoroughfare.
Property Size1,400 SF
Lot Size0.29 Acres
Price / SF$89.29
Days on Market2055
Property Features for 3515 N Acadian Thruway
General Information
Standard status
Active
Size
1,400 SF
Lot size
0.29 Acres
Property subtype
Retail
Zoning
C2
Amenities
Water
Sewer
Listing Agency:
Saurage Rotenberg Commercial Real Estate, LLC
Listed By:
Carmen Austin MBA CCIM SIOR · License #BROK.0912122713-ASA
(225) 930-6256
Source:
Lacdb.resimplifi
Added: Mar 3, 2021
Changed: Oct 7
Last Checked: Oct 16 at 5:57AM
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 Saurage Rotenberg Commercial Real Estate, LLC
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Investment Insights
Based on property information with market context.
The property features a +/- 1,400 SF building situated on a 120' x 105' lot with frontage on N. Acadian Thruway. Zoned C-2, the property is suitable for various commercial uses, including auto-related businesses, tire shops, oil change centers, used car sales, and drive-thru restaurants. The roof was replaced in 2014, and new roll-up doors have been installed. The large lot provides ample parking space or room for additions. Located on high-traffic N. Acadian, the property is near Baton Rouge Community College Acadian. The property is being offered "AS IS", presenting an opportunity for a small business owner to acquire commercial real estate.
Key Highlights
- High‑traffic location on N. Acadian Thrwy, ideal for business visibility.
- Large 120' x 105' lot provides ample parking or expansion possibilities.
- Zoned C‑2, suitable for a variety of commercial uses (auto‑related, restaurant, etc.).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,336
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,720
$186.7K
Cap Rate 7%
$133,371
$133.4K
Cap Rate 9%
$103,733
$103.7K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$13.6K $9.72/SF
− Vacancy
−$271 −$0.19/SF
EGI
$13.3K $9.53/SF
− OpEx
−$4.0K −$2.86/SF
NOI
$9.3K $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 Rate 5%
$186,720
Cap Rate 7%
$133,371
Cap Rate 9%
$103,733
Alternative Uses
Best Use
Retail
$312.9K
$273.8K – $365.1K
NOI $21,905 @ 7.0% cap · market cap 17.52%
Second Best
Industrial
$133.4K
$116.7K – $155.6K
NOI $9,336 @ 7.0% cap · market cap 7.47%
Theoretical Best
Specialty Retail
$335.3K
$293.4K – $391.2K
NOI $23,470 @ 7.0% cap · market cap 18.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 36%
Electronics 11%
Popeyes Louisiana Kitchen
Dining
11,210 visits/mo
0.5 miles
Family Dollar
Shops & Services
7,981 visits/mo
0.5 miles
Domino's Pizza
Dining
2,383 visits/mo
0.3 miles
Metro by T-Mobile
Electronics
1,562 visits/mo
0.4 miles
Boost Mobile
Electronics
1,311 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 3823 Choctaw Dr, Baton Rouge, LA 70805
Frequently Asked Questions
What type of property is this?
Automotive property - 1,400 SF building on a high-traffic thoroughfare.
Where is this automotive property located?
The property is located at 3515 N Acadian Thruway Baton Rouge, LA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: High‑traffic location on N. Acadian Thrwy, ideal for business visibility.; Large 120' x 105' lot provides ample parking or expansion possibilities.; Zoned C‑2, suitable for a variety of commercial uses (auto‑related, restaurant, etc.).
