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Property profile & analytics
OFF-MARKET
Commercial real estate

116 Newspaper Dr La Place, LA 70068-4509

Entity Owned Free & Clear
Property ID
US36-2005484
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 400043600
UPID US36-2005484
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
Current use
Occupant on record · Public records
  • L'Observateur Publishing House Newspaper & Magazine
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
LAPLACE NEWSMEDIA LLC
LAPLACE NEWSMEDIA LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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