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Property profile

90 Frontage Rd Franklin, LA 70538

OFF-MARKET
Warehouses
14,950 SF 4.5 ac lot Built 2014

Property summary

AI-generated overview

This exceptional 14,950 square foot industrial property, located at 90 Frontage Rd, Franklin, LA 70538, presents a significant investment opportunity. Situated on a 4.5-acre lot in St. Mary Parish, this property boasts a prime location on Highway 90, strategically positioned between Houma and the Port of Iberia. Built in 2014, the property features two buildings, including a main structure with 2,350 square feet of modern office space and a 10,200 square foot warehouse. The warehouse is well-equipped for various fabrication needs, including a foreman's office, breakroom, ample power supply, and welding stations. Additional features include a 1,500 square foot lean-to for storage, designated areas for sandblasting and painting, and 30 parking spaces. The property is zoned for heavy industrial use and is located in Flood Zone X. The asking price is $1,100,000, with a price per square foot of $73.58. The property is offered as a single-tenant, NNN lease. This versatile property is suitable for a range of industrial operations, making it an ideal investment for those seeking a well-maintained and strategically located facility. The property's size, amenities, and location combine to offer a compelling opportunity for long-term growth and profitability.

Property profile

Verified
Property type Warehouses
Year built 2014
Total area 14,950 SF
Lot 4.5 ac (196,020 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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