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    Office/Warehouse with Secured Commercial Lot Title is generated by Realmo AI

    1123 N Carrollton Ave, Baton Rouge, LA 70806

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    2,100 SF office/warehouse with additional secured lot.

    Type:Industrial
    Property size:
    2,100 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $123/SF
    Added:
    Jul 2, 2024
    Days on Market:
    709
    Last Refresh:
    May 12 at 9:59 pm

    Property Features for 1123 N Carrollton Ave

    General Information

    Standard status
    Active
    Size
    2,100 SF
    Lot size
    0.26 Acres
    Property subtype
    Industrial

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    Listing Contact
    Carmen Austin, MBA, CCIM, SIOR

    Listing agent Carmen Austin, MBA, CCIM, SIOR License #LA BROK.0912122713-ASA

    Listing office Saurage Rotenberg Commercial Real Estate

    Listing date Jul 2, 2024

    Source Crexi

    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

    HighLights

    • 2,100 SF Office/Warehouse
    • Includes a spacious 85'x 135' Adjacent Secured Commercial Lot
    • Located in Mid‑City near Rouse's and Amazon Distribution Center
    • 12‑foot Ceiling Height
    • 10'4" x 10' Roll‑up Door
    • Suitable for Storage, Landscaping, Towing, Construction, Trucking, etc.

    Overview

    This property features a +/- 2,100 square foot office/warehouse located in the Melrose East subdivision of Mid-City, near the new Rouse's and Amazon Distribution Center. The building includes a ceiling height of 12 feet and a roll-up door measuring 10 feet 4 inches high by 10 feet wide. Additionally, the property includes an adjacent 85' x 135' secured commercial lot. This property is suitable for storage, landscaping, a towing company, granite, construction, or a trucking company.

    Local Financial Insights For Office B

    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 $27.5k $13.08
    − Vacancy −$687 −$0.33
    EGI $26.8k $12.75
    − OpEx −$6.7k −$3.19
    NOI $20.1k $9.56
    2,100 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $286.9K
    $251.1K – $334.8K (±1% cap)
    NOI $20,086 @ 7.0% cap · market cap 7.73%
    Second Best
    Warehouse
    $242.9K
    $212.6K – $283.4K (±1% cap)
    NOI $17,005 @ 7.0% cap · market cap 6.54%
    Theoretical Best
    Specialty Retail
    $502.9K
    $440.1K – $586.8K (±1% cap)
    NOI $35,205 @ 7.0% cap · market cap 13.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • cuzn cookn&catering llc — 6851 Rembrandt Ave, Baton Rouge, LA 70806
    • Catering To You Bon Carre — 7323 florida blvd, baton rouge, la 70806
    • Bon Carre — 7359 Florida Blvd, Baton Rouge, LA 70806

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1242861
    Latitude
    30.4604856

    FAQs

    What type of property is this?
    Flex space - 2,100 SF office/warehouse with additional secured lot.
    Where is this flex space located?
    The property is located at 1123 N Carrollton Ave Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: 2,100 SF Office/Warehouse; Includes a spacious 85'x 135' Adjacent Secured Commercial Lot; Located in Mid‑City near Rouse's and Amazon Distribution Center
    More about this property
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