116 Newspaper Dr La Place, LA 70068-4509
This exceptional 5,083-square-foot flex property in LaPlace, Louisiana, presents a compelling investment or owner-user opportunity. Located at 116 Newspaper Drive, this mixed-use building sits on a sizable 0.69-acre lot and offers a versatile layout ideal for a variety of businesses. The space is intelligently divided into 3,038 square feet of traditional office space and 2,045 square feet of warehouse space, providing ample room for both administrative functions and storage or production needs. The asking price is $299,000, translating to a price per square foot of $59.35. This property in St. John the Baptist Parish, Louisiana, (zip code 70068) offers significant potential for growth and profitability. Its flexible design allows for customization to suit specific business requirements, making it an attractive option for companies seeking a blend of office and warehouse functionality. The property's location in LaPlace provides convenient access to major transportation routes and local amenities. This is a rare opportunity to acquire a well-situated, versatile commercial property at an attractive price point. Don't miss out on this chance to secure a valuable asset in a thriving market.
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L'Observateur Publishing House Newspaper & Magazine
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.