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    142 Tortorice Ln Independence, LA 70443

    For Sale
    $1,200,000

    8,800 SF Warehouse, Cold & Freezer Space, Great Yard

    Property size:
    8,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8,800 square foot warehouse in Independence, Louisiana presents a unique investment opportunity. Built in 2013, the property sits on a generous 7.65-acre lot (APN: 2605503.000000000000000) and offers a versatile layout ideal for cold storage distribution. The building features 2,640 square feet of cold storage, 2,640 square feet of freezer space, and 3,020 square feet of dry storage, complemented by 500 square feet of office space. Efficient loading and unloading are facilitated by three dock-high doors and one ground-level door. The property boasts a significant advantage with a 40,000 square foot fenced and paved yard, providing ample space for maneuvering and storage. Furthermore, 17 exterior electrical conduits are in place for convenient connection of reefer trucks. This NNN-leased, single-tenancy property is offered at $1,200,000 ($147.73 per square foot). Located at 142 Tortorice Ln, Independence, LA 70443, this property offers a compelling combination of functionality, space, and strategic location within Tangipahoa Parish. The property's features make it well-suited for a variety of cold storage and distribution businesses.

    Property Features for 142 Tortorice Ln

    General Information

    Property type
    Distribution properties
    Square Feet
    8,800 SF
    Lot Size
    333,234 SF

    Building Details

    Year Built
    2013

    HighLights

    • $1,200,000 asking price for this industrial warehouse property.
    • 8,800 square foot warehouse in Independence, LA.
    • Property includes 2,640 SF cold storage, 2,640 SF freezer, 3,020 SF dry storage, and 500 SF office space.
    • Features three dock‑high doors and one ground‑level door, plus a 40,000 SF fenced and paved yard.
    • Equipped with 17 exterior electrical conduits for reefer trucks.
    • Built in 2013, situated on a 7.65‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.4995216
    Latitude
    30.6249796

    Nearby Comparable

    • $315,000
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      Mixed-use property with retail and residential potential in Independence, LA.
      497 West Railroad Ave, Independence, LA 70443
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    • $149,900
      2,240 SF

      Prime Commercial Building, Independence LA

      Versatile Commercial Space w/ Rental Income
      305 4Th St, Independence, LA 70443
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    • $411,000
      20.55 Acres

      Vacant Land in Independence, LA

      20.55 acre vacant land parcel in Independence, Louisiana.
      Fontana Rd, Independence, LA 70443
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    Nearby Similar for Sale

    • $315,000
      5,852 SF

      Versatile Mixed-Use Investment Opportunity

      Mixed-use property with retail and residential potential in Independence, LA.
      497 West Railroad Ave, Independence, LA 70443
      View Details
    • $149,900
      2,240 SF

      Prime Commercial Building, Independence LA

      Versatile Commercial Space w/ Rental Income
      305 4Th St, Independence, LA 70443
      View Details

    FAQs

    What type of property is this?
    Distribution property - 8,800 SF Warehouse, Cold & Freezer Space, Great Yard
    Where is this distribution property located?
    The property is located at 142 Tortorice Ln Independence, LA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price for this industrial warehouse property.; 8,800 square foot warehouse in Independence, LA.; Property includes 2,640 SF cold storage, 2,640 SF freezer, 3,020 SF dry storage, and 500 SF office space.
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    Independence, LA 70443
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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
    142 Tortorice Ln Independence, LA 70443
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