1356 Cajun Dr Port Allen, LA 70767-5647
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.
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
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.