142 Tortorice Ln Independence, LA 70443-2372
This exceptional 8,800 square foot warehouse in Independence, Louisiana presents a unique investment opportunity. Built in 2013, the property sits on a generous 7.65-acre lot (APN: 2605503.000000000000000) and offers a versatile layout ideal for cold storage distribution. The building features 2,640 square feet of cold storage, 2,640 square feet of freezer space, and 3,020 square feet of dry storage, complemented by 500 square feet of office space. Efficient loading and unloading are facilitated by three dock-high doors and one ground-level door. The property boasts a significant advantage with a 40,000 square foot fenced and paved yard, providing ample space for maneuvering and storage. Furthermore, 17 exterior electrical conduits are in place for convenient connection of reefer trucks. This NNN-leased, single-tenancy property is offered at $1,200,000 ($147.73 per square foot). Located at 142 Tortorice Ln, Independence, LA 70443, this property offers a compelling combination of functionality, space, and strategic location within Tangipahoa Parish. The property's features make it well-suited for a variety of cold storage and distribution businesses.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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