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    OFF-MARKET
    Warehouses

    90 Frontage Rd, Franklin, LA 70538

    14,950 SF 4.5 ac lot Built 2014
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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