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    1356 Cajun Dr Port Allen, LA 70767

    • Industrial properties
    For Sale
    View listing
    $625,000
    Value Estimation
    Last Sale
    May 15, 2023
    $530,000
    Location Intelligence
    Property ID
    US36-2222584
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 1356 Cajun Dr

    Property type
    Industrial properties
    APN
    44300006900
    APU
    44300006900

    Description

    This exceptional, fully leased industrial property presents a compelling investment opportunity. Located at 1356 Cajun Dr, Port Allen, LA 70767, this like-new, 4,000 square foot building boasts a prime location in a highly visible industrial park conveniently situated off Highway 190. The single-story structure is comprised of two (2) separate suites, each offering a blend of warehouse and office space, complete with restrooms and kitchenettes. Each suite features two 12-foot roll-up doors, providing convenient access to a fully fenced and stabilized laydown yard. Suite A includes the added benefit of a covered rear patio. The building is equipped with three-phase power, catering to a variety of industrial needs. Built in 2021, this property offers a strong return on investment with its current multi-tenant occupancy. The asking price is $625,000, translating to $156.25 per square foot and $312,500 per unit. This turnkey investment is ready for immediate income generation. The property's strategic location and modern amenities make it an attractive option for discerning investors seeking a stable and profitable addition to their portfolio.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $510,000
      7%
      $535,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $510,000
      Geo Method
      $475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $445,000
      Mixed-Use
      $585,000
      Hospitality
      $445,000
      Educational
      $505,000
      Residential Income
      $455,000
      Energy
      $490,000
      Income-Based Land
      $580,000
      Food Service
      $495,000

    Location Insight

    • Map
    • Local Demand
    City
    Port Allen
    County
    West Baton Rouge
    State
    Louisiana
    Longitude
    -91.2653
    Latitude
    30.4874
    CBSA code
    12940
    CBSA name
    BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,974
    $3,450
    $44,450
    $47,900
    -
    $34,500
    $296,333
    $330,833

    Comparable in this City

    • Value Estimation by Request
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      1015 Alexander Ave

      INDUSTRIAL (GENERAL) • 2,500 SF
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      1333 Commercial Dr

      INDUSTRIAL (GENERAL) • 12,694 SF
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    • Value Estimation by Request
      15.49 Acres

      1850 Grand Terre Ln

      INDUSTRIAL (GENERAL) • 15.49 Acres
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      View Details
    • Value Estimation
      $515,000
      3.19 Acres

      12437 Hwy 190th W

      INDUSTRIAL (GENERAL) • 3.19 Acres
      12437 Hwy 190th W, Port Allen, LA 70767-5635
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $7,012 /Mo

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    • $7 SF/Yr
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    • $9 SF/Yr
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    1356 Cajun Dr
    Port Allen, LA 70767
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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
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