Log In/Sign Up
Your email has been sent.
11950 Richcroft Ave 8,000 SF 100% Leased Industrial Building Baton Rouge, LA 70814 $750,000 ($93.75/SF) 8% Cap Rate
Executive Summary
Now for sale, 11950 Richcroft Ave presents an investment opportunity featuring a 5 -year sale-leaseback with a regional commercial roofing tenant in place.
The ±8,000 SF industrial property includes ±1,600 SF of office space and ±6,400 SF of warehouse space, situated on a ±0.9-acre site with a functional laydown yard, offering a
layout supporting a variety of industrial uses. The property is located just off S Choctaw Dr, providing direct access to one of the area’s primary industrial corridors.
This offering presents a stabilized industrial asset with in-place income, functional yard space, and an 8% cap rate at the list price.
Zoned M1 - Light Industrial.
The ±8,000 SF industrial property includes ±1,600 SF of office space and ±6,400 SF of warehouse space, situated on a ±0.9-acre site with a functional laydown yard, offering a
layout supporting a variety of industrial uses. The property is located just off S Choctaw Dr, providing direct access to one of the area’s primary industrial corridors.
This offering presents a stabilized industrial asset with in-place income, functional yard space, and an 8% cap rate at the list price.
Zoned M1 - Light Industrial.
Property Facts
| Price | $750,000 | Lot Size | 1.00 AC |
| Price Per SF | $93.75 | Rentable Building Area | 8,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8% | Year Built | 2005 |
| Property Type | Industrial | Parking Ratio | 1/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | ||
| Zoning | M1 - Light Industrial | ||
| Price | $750,000 |
| Price Per SF | $93.75 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 8,000 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Parking Ratio | 1/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M1 - Light Industrial |
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 00114251 | Improvements Assessment | $30,536 |
| Land Assessment | $5,665 | Total Assessment | $36,201 |
Property Taxes
Parcel Number
00114251
Land Assessment
$5,665
Improvements Assessment
$30,536
Total Assessment
$36,201
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
11950 Richcroft Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.