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    601 Neosho Ave Baton Rouge, LA 70802

    For Sale
    $7,500,000

    51,926 SF Industrial Cold Storage

    Property size:
    51,926 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 51,926-square-foot cold storage facility in Baton Rouge, Louisiana, is offered at $7,500,000. The property, located at 601 Neosho Ave, 70802, includes six fully refrigerated loading docks and boasts a state-of-the-art refrigeration system recently upgraded. The building features approximately 25,000 square feet of freezer space and 5,000 square feet of refrigerated/mid-temperature storage. All seafood processing equipment and machinery are included in the sale. Three -30° blast freezers, capable of freezing 120,000 pounds of product daily, are operational. A 3,000-gallon generator provides eight days of backup power. An on-site liquid nitrogen tank and a roof less than 10 years old further enhance this facility's value. The property also features a former rail spur and is SQF Level 3 certified. This turnkey operation presents a unique opportunity for expansion or relocation in the thriving Baton Rouge market. The building's meticulous maintenance and high-quality equipment make it an ideal investment for cold storage and seafood processing businesses.

    Property Features for 601 Neosho Ave

    General Information

    Property type
    Refrigerated & Cold Storages
    Square Feet
    51,926 SF

    HighLights

    • $7,500,000 asking price for this 51,926 SF industrial property.
    • Located at 601 Neosho Ave, Baton Rouge, LA 70802.
    • Includes all seafood processing equipment and machinery.
    • Features three -30° blast freezers with 120,000 lbs/24hr capacity.
    • Six fully refrigerated loading docks.
    • Roof less than 10 years old.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Baton Rouge Shrimp ... Seafood Wholesaler Advanced Cold Storage Storage Facility

    Suggested Use

    Restaurant Law Firm Spa & Massage Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1821327
    Latitude
    30.4688055

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - 51,926 SF Industrial Cold Storage
    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 $7,500,000.
    What are key features of this property?
    This property features: $7,500,000 asking price for this 51,926 SF industrial property.; Located at 601 Neosho Ave, Baton Rouge, LA 70802.; Includes all seafood processing equipment and machinery.
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    Baton Rouge, LA 70802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 Neosho Ave Baton Rouge, LA 70802
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