5032 PLANK RD, Baton Rouge, LA 70805 (MLS# BR2026006012)

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.

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