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3.07 Ac. on Plank Rd by S Choctaw near Exxon 2635 Monroe 139,737 SF Industrial Building Baton Rouge, LA 70802 $746,250 ($5.34/SF)

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Investment Highlights

  • Opportunity Zone w/Tax Incentives
  • 147' Frontage on Plank Rd

Executive Summary

Formerly the Louisiana Creamery, this property is located in the Opportunity Zone, and is a candidate for any number of tax incentives. Makes this an ideal redevelopment opportunity to anchor the Plank Road Redevelopment Plan, being unveiled November 5th, but expected to be focused on Plank Road between Choctaw and Mohican.
Owner will also consider subdividing the property, Building 1 being an good option for a C-store or Dollar Store with 147' of frontage on Plank Road between an Auto Zone and a CVS

Property Facts

Price $746,250
Price Per SF $5.34
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Convenience Store
  • Industrial Distribution
Building Class B
Lot Size 3.21 AC
Rentable Building Area 139,737 SF
No. Stories 1
Year Built 1926
Tenancy Single
Parking Ratio 0.09/1,000 SF
Opportunity Zone Yes
Zoning I-2 - Commercial

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 1
  • 139,737 SF
  • Industrial
  • Partial Build-Out
  • 30 Days

Formerly the Louisiana Creamery, this property is located in the Opportunity Zone, and is a candidate for any number of tax incentives. Makes this an ideal redevelopment opportunity near Exxon. Owner will consider subdividing the property, Building 1 being an good option for a C-store with 147' of frontage on Plank Road between an Auto Zone and a CVS. Property is also in a Qualified Census Tract, potentially a good Low Income Housing project.

Space Size Space Use Condition Available
1st Fl - 1 139,737 SF Industrial Partial Build-Out 30 Days

1st Fl - 1

Size
139,737 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
30 Days

1st Fl - 1

Size 139,737 SF
Space Use Industrial
Condition Partial Build-Out
Available 30 Days

Formerly the Louisiana Creamery, this property is located in the Opportunity Zone, and is a candidate for any number of tax incentives. Makes this an ideal redevelopment opportunity near Exxon. Owner will consider subdividing the property, Building 1 being an good option for a C-store with 147' of frontage on Plank Road between an Auto Zone and a CVS. Property is also in a Qualified Census Tract, potentially a good Low Income Housing project.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 00024686
  • 00216437
Land Assessment
$2,855
Improvements Assessment
$9,570
Total Assessment
$12,425
  • Listing ID: 24754973

  • Date on Market: 1/3/2022

  • Last Updated:

  • Address: 2635 Monroe, Baton Rouge, LA 70802

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