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    142 Tortorice Ln Independence, LA 70443-2372
    Property profile & analytics

    142 Tortorice Ln, Independence, LA 70443-2372

    View on Map

    • Commercial real estate
    • 6,640 SF
    • 7.65 lot acres
    Off-Market
    Last Sale Mar 7, 2022
    $1,000,000
    Property ID
    US36-0876791
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $890,000
    Show details
    Cap Rate Potential
    3.7%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 142 Tortorice Ln

    Year built
    2013
    Lot size
    7.65 lot acres
    Property type
    Commercial real estate
    APN
    2605503
    APU
    2605503

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 7, 2022 $1,000,000 Xi Huang Hom Cold Storage 6 LLC Deed $600k · Planters Bank
    Feb 27, 2020 $838,133 Hom Cold Storage Vi LLC Rabb Investment LLC Grant Deed $2M · Simmons Bk
    May 14, 2009 — Evergreen Lumber & Truss INC — Deed Of Trust · related $1.3M · Coastal Bank & Trust
    Jul 13, 2007 $157,000 Evergreen Lumber & Truss INC Town Of Independence Grant Deed $510k · Regions Bank

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $815,000
      ML approach
      $760,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $978,000
      Market price range: $381k - $979k
      AI Estimate
      $769,000
      Market price range: $243k - $769k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Tangipahoa
    State
    Louisiana
    Longitude
    -90.4995
    Latitude
    30.625
    CBSA code
    25220
    CBSA name
    HAMMOND, LA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,255
    $15,200
    $80,190
    $95,390
    -
    $152,000
    $534,604
    $686,604
    More about this property
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