10
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$799,000
Est. payment /mo
5,000 SqFt
Price Dropped by $100K
15840 Florida Blvd Baton Rouge, LA 70819
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Key Details
Property Type Commercial
Sub Type Industrial,Professional/Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $159
Subdivision River Oaks
MLS Listing ID BR2026004729
Lot Size 37026.001 Acres
Acres 0.85
Property Sub-Type Industrial,Professional/Office
Property Description
This offering presents a unique opportunity to acquire a highly visible commercial property located near the intersection of O'Neal Lane and Florida Boulevard, one of Baton Rouge's most active commercial corridors. The property consists of two adjacent tracts totaling approximately +-0.85 acres with two metal buildings totaling approximately +-5,000 square feet, offered together as a single investment opportunity at 15840 Florida Blvd and 15848 Florida Blvd. The property is currently fully leased to an automotive sales and repair tenant, providing immediate in place income. While the existing tenant provides stable cash flow that helps support the asking price, the long term value of the property lies in the highly visible corner location and redevelopment potential. As the Florida Boulevard corridor continues to evolve, the site offers flexibility for future owner user occupancy, redevelopment, or repositioning when the opportunity presents itself. Positioned along Florida Boulevard with traffic counts of approximately 35,000 vehicles per day, the property benefits from excellent visibility and convenient access to Interstate 12, providing strong connectivity between Baton Rouge and Denham Springs, while remaining close to the O'Neal Lane and Central Thruway commercial corridor and nearby medical and retail amenities. This opportunity allows investors to secure a well located commercial corner with current income and long term development upside in one of Baton Rouge's most established commercial corridors.
Location
State LA
Zoning R
Interior
Heating Other
Cooling Other
Exterior
Exterior Feature None
Parking Features Concrete, On Site
Roof Type Other
Garage false
Building
Foundation Other
Others
Tax ID 1658077
Acceptable Financing Cash, Conventional, Other, Private Financing Available
Listing Terms Cash, Conventional, Other, Private Financing Available
Listed by Century 21 Investment Realty
Nearby Locations
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