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$ 160,000
Est. payment /mo
Active
5032 Plank Rd Baton Rouge, LA 70805
9,147 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Schorten Place
MLS Listing ID 2026006012
Lot Size 9,147 Sqft
Property Sub-Type Commercial
Property Description
Excellent investment opportunity at 5032 Plank Rd featuring a freestanding commercial building with an established tenant in place. The current tenant operates a used car sales and repair business and is secured under a 3-year lease at $2,000 per month, providing immediate and stable income for an investor. The property is well-positioned along Plank Road, benefiting from strong visibility and steady traffic flow, with approximately 10,000 to 13,000 vehicles per day in the area, enhancing long-term business viability. The building is equipped with central air and a gas heater, offering functional and comfortable space for a variety of commercial uses. Annual property taxes are approximately $772.33, and insurance is estimated at $1,000 per year, contributing to low operating expenses and strong return potential. This property is also available as part of a package with the adjacent car wash at 5004 Plank Rd, presenting a unique opportunity to acquire multiple income-producing assets in a high-traffic corridor.
Location
State LA
County East Baton Rouge
Direction I-110 North. Exit 4 to Evangeline Street. Left on Evangeline Street. Left on Plank Road. Property is on the right.
Interior
Heating Central
Cooling Central Air
Exterior
Exterior Feature None
Utilities Available Natural Gas Not Available
Roof Type Composition
Private Pool false
Building
Foundation Slab
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition As Is
Listed by Keller Williams Realty-First Choice
Schools Near
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