5032 PLANK RD

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.

---

Listing ID:

BR2026006012

Parish

East Baton Rouge

Area

EBR MLS Area 31

Financing

Cash

Assessment

456446

Legal Desc

WARD: 1-2, SUBDIVISION: SCHORTEN PLACE, LOT: 17, BLOCK: 3.

Parking:

On Site

---

Cooling

Cooling Included, Cooling: Central Air

Heating

Central, Heating Included

Lot Dimensions

68X133X64X156

---

Construction

Frame

Electricity

Circuit Breakers

Price Includes

Real Estate

Lot Size Area

0.21 ac

Roof

Composition