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Description
Elifin Realty is proud to present this Downtown portfolio consisting of a four-story office building located at 525 Florida St, the adjacent parking lot at the hard corner of Florida St and N. 5th (+/-26 spaces), and the parking lot at the hard corner of N. 5th St. and Laurel St. (+/-28 spaces).
Each floor of the office building measures +/- 7,680 SF totaling +/- 30,720 SF.
Offering Summary:
-525 Florida St.
-Parking Lot (hard corner of Florida St. and N. 5th)
-Parking Lot (hard corner of Laurel St. and N. 5th)
-All property zoned C-5 and located in Opportunity Zone
Financials and rent roll available upon request.
Highlights
Portfolio consists of: Four-story office building and two parking lots
Current Occupancy: 90%
Retail tenant on ground floor - FedEx
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 6,579 | 61,376 | 140,593 | |
| Population Median Age | 39 | 37 | 35 | |
| Population by Age | 0-9 Yrs | 669 (10%) | 6063 (9%) | 16087 (11%) |
| 10-19 Yrs | 534 (8%) | 9207 (15%) | 20681 (14%) | |
| 20-29 Yrs | 1352 (20%) | 13133 (21%) | 33126 (23%) | |
| 30-39 Yrs | 1115 (16%) | 7952 (12%) | 17422 (12%) | |
| 40-49 Yrs | 763 (11%) | 6175 (10%) | 13381 (9%) | |
| 50-59 Yrs | 673 (10%) | 6926 (11%) | 14753 (10%) | |
| 60-69 Yrs | 972 (14%) | 6899 (11%) | 14035 (9%) | |
| 70+ Yrs | 502 (7%) | 5023 (8%) | 11108 (7%) | |
| Median HH Income | $29,500 | $37,514 | $37,037 | |
| Total Household Income | < 24K | 1433 (45%) | 8799 (37%) | 19880 (37%) |
| 25-49K | 623 (19%) | 5152 (21%) | 11949 (22%) | |
| 50-74K | 426 (13%) | 3433 (14%) | 7336 (13%) | |
| 75-99K | 252 (7%) | 1929 (8%) | 4059 (7%) | |
| 100-199K | 320 (10%) | 3025 (12%) | 7273 (13%) | |
| 200K+ | 121 (3%) | 1132 (4%) | 2984 (5%) | |
| Highest Education Level | No Diploma | 863 | 6105 | 12530 |
| Diploma or GED | 1240 | 10783 | 23012 | |
| Some College | 931 | 7352 | 16436 | |
| Assoc. Degree | 291 | 1675 | 3347 | |
| Bachelors Degree | 833 | 7416 | 15790 | |
| Higher Degree | 605 | 4834 | 11770 | |
| Total Housing Units | 3,941 | 29,714 | 67,464 | |
| --Owner-Occupied | 907 | 11,017 | 23,220 | |
| --Renter-Occupied | 2,269 | 12,452 | 30,261 | |
| Owner-Occupied Values | < 100K | 282 | 4063 | 7497 |
| 100-199K | 281 | 2501 | 5611 | |
| 200-299K | 227 | 2121 | 4290 | |
| 300-399K | 74 | 1039 | 2187 | |
| 400-499K | 17 | 440 | 1229 | |
| 500K+ | 27 | 853 | 2405 | |
| Total Working Age Population | 5,667 | 52,187 | 116,121 | |
| In Work Force | 3,563 | 32,583 | 72,440 | |
| Not In Work Force | 2,105 | 19,604 | 43,681 | |
| Workforce Employed | 3,139 | 28,670 | 64,998 | |
| Workforce Unemployed | 422 | 3,887 | 7,334 | |
| Civlian Workforce | 3,561 | 32,558 | 72,333 | |
| Military Workforce | 2 | 25 | 107 | |
| Total Households | 3,177 | 23,469 | 53,481 | |
| Family Households | 948 | 11,219 | 26,456 | |
| Non-Family Households | 2,229 | 12,249 | 27,025 | |
| Married Couple | 460 | 5,795 | 14,092 | |
| Other Family | 488 | 5,425 | 12,363 | |
| Married w/Child | 97 | 1,688 | 4,758 | |
| Single Male w/Child | 34 | 251 | 762 | |
| Single Female w/Child | 212 | 1,978 | 5,137 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Louisiana | 4,468,976 | +1 | 4,533,372 | +1 | 4,588,310 | +5 | 4,813,420 |
| East Baton Rouge Parish | 412,852 | +7 | 440,171 | -3 | 426,380 | -1 | 421,500 |
| Iberville Parish | 33,320 | 0 | 33,387 | -17 | 27,830 | -11 | 24,640 |
| St. Martin Parish | 48,583 | +7 | 52,160 | +6 | 55,520 | +3 | 57,000 |
| West Baton Rouge Parish | 21,601 | +10 | 23,788 | -7 | 22,220 | -5 | 21,070 |