11354 Choctaw Dr Baton Rouge, LA 70815-2101

Property Details for 11354 Choctaw Dr

Lot size

1.00 lot acres

Property size

4,840 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

1091409

APU

1091409

Description

This exceptional investment opportunity presents two light industrial buildings totaling 6,000 square feet, situated on S Choctaw Dr in Baton Rouge, Louisiana. Each single-story building is currently leased, generating a consistent income stream. The property at 11356 S Choctaw Dr commands a monthly rent of $1,750, while the building at 11354 S Choctaw Dr leases for $1,500 per month. Both leases operate on modified gross terms. The combined asking price for this dual-building property is $375,000, representing a compelling $62.50 per square foot. Each building offers 3,000 square feet, priced individually at $187,500. The property boasts an advantageous M1 – Light Industrial zoning designation, suitable for a variety of uses. Strategically located approximately 250 feet from the intersection of S Choctaw Dr and N Sherwood Forest Dr, and within a three-minute drive of Hwy 190 (Florida Blvd), this location ensures excellent accessibility to major transportation arteries. Owner financing is available, requiring a minimum 20% down payment. This offering presents a strong 8% cap rate, making it an attractive proposition for both owner-occupants and investors seeking a stable, income-producing asset in a prime Baton Rouge location. The zip code is 70815, and the property is situated in East Baton Rouge Parish.