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Property profile & analytics
FOR SALE
Flex space

3950 Prescott Rd Baton Rouge, LA 70805

24,071 SF
Individually Owned 5-yr Hold
Property ID
US36-1217829
Property summary
AI-generated overview

This 24,071 square foot warehouse, located at 3950 Prescott Rd, Baton Rouge, LA 70805 (APN 308-3419-1), is offered at $228,674, or $9.50 per square foot. The property boasts a flexible design suitable for various uses, including warehousing, light industrial, or even conversion into a community center or place of worship. Its location within both an Enterprise Zone and an Economic Development Zone presents significant tax advantages and incentives for industrial businesses. The property's lot size mirrors the building's square footage at 24,071 square feet, providing ample space for operations and potential expansion. This presents a unique opportunity for businesses seeking cost-effective industrial space in a prime location with substantial economic development benefits. The property's adaptability makes it an attractive investment for a wide range of potential buyers. Serious inquiries are encouraged to explore this versatile and strategically located industrial property.

Property profile
Verified
Property type Flex space
Total area 24,071 SF
APN 308-3419-1
UPID US36-1217829
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
  • Metro Enterprises Social Service Agency Charitable Organization
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
411 Forwomen Outrech Organatio · 5 yrs held
411 Forwomen Outrech Organatio
since 2020
1 recorded transaction
2020
$55,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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