Office/Warehouse with Secured Commercial
1123 N Carrollton Ave Baton Rouge, LA 70806
For Sale
Contact for pricing
2,100 SF office/warehouse with additional secured lot.
Property Size2,100 SF
Lot Size0.26 Acres
Price / SF$123.81
Days on Market755
Property Features for 1123 N Carrollton Ave
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Lot size
- 0.26 Acres
- Property subtype
- Industrial
Listing Agency:
Saurage Rotenberg Commercial Real Estate
Listed By:
Carmen Austin, MBA, CCIM, SIOR · License #LA BROK.0912122713-ASA
Source:
Crexi
Added: Jul 2, 2024
Changed: Jul 10
Last Checked: Jul 25 at 11:47AM
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
Investment Insights
Based on property information with market context.
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.
Key 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
Financial Insights For Warehouse
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 | $20.4k | $9.72 |
| − Vacancy | −$406 | −$0.19 |
| EGI | $20.0k | $9.53 |
| − OpEx | −$3.0k | −$1.43 |
| NOI | $17.0k | $8.10 |
2,100 SF · lease $9.72/SF/yr · vacancy 1.99% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$242.9K
$212.6K – $283.4K
NOI $17,005 @ 7.0% cap · market cap 6.54%
Second Best
Industrial
$200.1K
$175.1K – $233.4K
NOI $14,004 @ 7.0% cap · market cap 5.39%
Theoretical Best
Specialty Retail
$502.9K
$440.1K – $586.8K
NOI $35,205 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market 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
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
