Retail Space
12240 Coursey Boulevard Baton Rouge, LA 70816
Details & Description
Price: $1,490,000
    Great Income Producing PropertyCurrent Occupancy Rate is 92% with only 1 suite vacant.NOI: $122,825Cap Rate: 8.24%Well Maintained Shopping CenterGreat Tenant MixHigh Traffic & High VisibilityLocated on Coursey Blvd between Stumberg Ln and S. Sherwood Forest Blvd.Contact listing agent for income and expense breakdown.
    Property ID:    238938
    Property URL: melqr.com/238938
    Generated:    04-19-24
    Listing Agents
    Joey Canella

    O: 225-329-0286
    M: 225-907-6232
    jcanella@stirlingprop.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Louisiana / Baton Rouge / 70816 / 12240 Coursey Boulevard

    12240 Coursey Boulevard

    Baton Rouge, LA 70816

    Listing ID: 238938
    Print Single-Page Version
    • 12240 Coursey Boulevard Baton Rouge, LA 70816 | for Sale | Photo 1
    • 12240 Coursey Boulevard Baton Rouge, LA 70816 | for Sale | Photo 2
    • 12240 Coursey Boulevard Baton Rouge, LA 70816 | for Sale | Photo 3
    12240 Coursey Boulevard | for Sale | Thumbnail 1
    12240 Coursey Boulevard | for Sale | Thumbnail 2
    12240 Coursey Boulevard | for Sale | Thumbnail 3
    Building Size: 12,500 SF
    Lot Size: 1.170 AC
    Land Size: 50,965 SF
    Building $/SF: $119.20
    Land $/SF: $29.24
    Price
    $1,490,000
    Description

    Great Income Producing Property

    Current Occupancy Rate is 92% with only 1 suite vacant.

    NOI: $122,825

    Cap Rate: 8.24%

    Well Maintained Shopping Center

    Great Tenant Mix

    High Traffic & High Visibility

    Located on Coursey Blvd between Stumberg Ln and S. Sherwood Forest Blvd.

    Contact listing agent for income and expense breakdown.

    Attachments & Files
    anonymousreport2021-05-26125347431-taE-tAc.pdf

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Baton Rouge History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment
    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Baton Rouge Area Market Trends

    Listing Demographics for 12240 Coursey Boulevard Baton Rouge, LA 70816

    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.

    1-Mile 3-Miles 5-Miles
    Total Population11,66874,772168,688
    Population Median Age393938
    Population by Age0-9 Yrs1035 (8%)8583 (11%)21076 (12%)
    10-19 Yrs1062 (9%)8054 (10%)20407 (12%)
    20-29 Yrs2672 (22%)13642 (18%)27127 (16%)
    30-39 Yrs1756 (15%)10768 (14%)23974 (14%)
    40-49 Yrs1279 (10%)8643 (11%)19793 (11%)
    50-59 Yrs1368 (11%)9138 (12%)20142 (11%)
    60-69 Yrs997 (8%)8007 (10%)18740 (11%)
    70+ Yrs1499 (12%)7937 (10%)17428 (10%)
    Median HH Income$55,663$65,137$68,165
    Total Household Income< 24K1071 (19%)4768 (15%)10049 (15%)
    25-49K1386 (25%)6777 (22%)13801 (21%)
    50-74K885 (16%)5541 (18%)12059 (18%)
    75-99K661 (12%)3960 (13%)8298 (12%)
    100-199K1094 (20%)7341 (24%)16181 (24%)
    200K+266 (4%)1770 (5%)5159 (7%)
    Highest Education LevelNo Diploma40425346575
    Diploma or GED24061236626247
    Some College21341331127657
    Assoc. Degree41931246609
    Bachelors Degree19631364030256
    Higher Degree981647516394
    Total Housing Units5,75933,87275,462
    --Owner-Occupied2,45918,38141,935
    --Renter-Occupied2,90311,77823,612
    Owner-Occupied Values< 100K709342642
    100-199K871765916275
    200-299K1163642511622
    300-399K28423096158
    400-499K535562085
    500K+184973154
    Total Working Age Population10,15961,598135,313
    In Work Force7,34343,00291,789
    Not In Work Force2,81618,59643,524
    Workforce Employed7,04441,05788,024
    Workforce Unemployed2951,8683,627
    Civlian Workforce7,33842,92591,651
    Military Workforce578138
    Total Households5,36330,15865,547
    Family Households2,63817,67039,891
    Non-Family Households2,72412,48825,657
    Married Couple1,82312,46128,560
    Other Family8155,20911,330
    Married w/Child6994,43410,701
    Single Male w/Child1376051,361
    Single Female w/Child2311,9094,217

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Louisiana4,468,976+14,533,372+14,588,310+54,813,420
    Ascension Parish76,627+40107,215+38147,740+33196,140
    East Baton Rouge Parish412,852+7440,171-3426,380-1421,500
    Iberville Parish33,320033,387-1727,830-1124,640
    Livingston Parish91,814+39128,026+40179,820+35242,780
    St. Martin Parish48,583+752,160+655,520+357,000

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 12240 Coursey Boulevard in Baton Rouge?
    The asking price for 12240 Coursey Boulevard is $1,490,000
    What is the building size of this Retail property in Baton Rouge, LA?
    The size of the building/unit at 12240 Coursey Boulevard in Baton Rouge is 12,500 square feet
    How much land does the Baton Rouge, LA property at 12240 Coursey Boulevard include?
    12240 Coursey Boulevard in Baton Rouge includes 1.170 acres of land
    What kind of Retail is the propery at 12240 Coursey Boulevard?
    The property at 12240 Coursey Boulevard Baton Rouge, LA 70816 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 12240 Coursey Boulevard in Baton Rouge?
    The population within 1 mile of 12240 Coursey Boulevard Baton Rouge, LA 70816 is 11,668 people.
    Who do I contact for questions about 12240 Coursey Boulevard?
    You should contact the listing agent, Joey Canella, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    5423 South Sherwood Forest Boulevard, Baton Rouge, LA $2,200,000 7222 1.45
    5252 South Sherwood Forest Boulevard, Baton Rouge, LA $1,200,000 10375 2.31
    13365 Coursey Boulevard, Baton Rouge, LA $1,099,000 5790 0.55
    3015 Westfork Drive, Baton Rouge, LA $649,000 6838 0.64
    5701 Siegen Lane, Baton Rouge, LA $1,200,000 15845 2.7
    5701 Siegen Lane, Baton Rouge, LA $832,000 37000 0.85
    2834 South Sherwood Forest Boulevard, Baton Rouge, LA $109,000 1461 -
    4467 Arnold Lane, Baton Rouge, LA $498,000 3800 0.95
    6275 Siegen Lane, Baton Rouge, LA $1,200,000 6030 0.69
    15326 George Oneal Road, Baton Rouge, LA $590,000 5040 0.47

    Closest Commercial Airports

    Airport Distance (mi)
    Louis Armstrong New Orleans International Airport (MSY) 55
    Lafayette Regional Airport (LFT) 58
    Gulfport Biloxi International Airport (GPT) 118
    Price
    $1,490,000
    Listing Agent
    Joey Canella - CRE Agent at

    Joey Canella

    Stirling Properties

    VIEW AGENT PROFILE

    CONTACT AGENT

    More listings from Joey Canella
    49459 US-51
    Tickfaw, LA 70466
    Primary photo of 49459 US-51, Tickfaw, LA
    $299,000
    • Type Land
    • Lot AC 3.000
    3027 Church St
    Zachary, LA 70791
    Primary photo of 3027 Church St, Zachary, LA
    $3,000,000
    • Type Land
    • Lot AC 15.000
    30235 Eden Church Road
    Denham Springs, LA 70726
    Primary photo of 30235 Eden Church Road, Denham Springs, LA
    $425,000
    • Type Office
    • Building SF 7,266
    • Lot AC 0.620
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Roofing Contractor •
    CC Construction and Roofing logo
    Repair, replace, maintain. Click here!
    • Cleaning Company •
    LA Quality Cleaning logo
    A clean, sanitized office is here!

    Share
    Other property types near Baton Rouge, LA
     • Commercial Real Estate For Sale in Baton Rouge, LA
     • Commercial Real Estate For Lease in Baton Rouge, LA
     • Office Space For Sale in Baton Rouge, LA
     • Office Space For Lease in Baton Rouge, LA
     • Industrial Property For Sale in Baton Rouge, LA
     • Industrial Property For Lease in Baton Rouge, LA
     • Flex-Office-Warehouse Space For Sale in Baton Rouge, LA
     • Flex-Office-Warehouse Space For Lease in Baton Rouge, LA
     • Retail Space For Sale in Baton Rouge, LA
     • Retail Space For Lease in Baton Rouge, LA
     • Multifamily Housing For Sale in Baton Rouge, LA
     • Specialty Real Estate For Sale in Baton Rouge, LA
     • Commercial Land and Lots For Sale in Baton Rouge, LA
     • Commercial Land and Lots For Lease in Baton Rouge, LA