120 James Drive East

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120 James Drive East

St Rose, LA 70087
Asking Price
$774K
Asset Type
Commercial Land
Class
Class B

What's Special

Light Industrial Land - 2.3 acres - James Business Park <p><span style="color: rgba(55, 65, 81, 1)">Approximately 2.3 acres of land in James Business Park with significant visibility on Airline Highway.</span></p><p></p><p><span style="color: rgba(55, 65, 81, 1)">Zoned for light industrial uses, including office/warehouse. Hotel also allowed.</span></p><p></p><p><span style="color: rgba(55, 65, 81, 1)">Site dimensions </span><u style="color: rgba(55, 65, 81, 1)">131.87' X 524.09' X 411.91' X 333.13'</u></p><p></p>

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NOI
$80,000
Cap Rate
10.34%
DSCR
1.74
Strong
Cash-on-Cash
14.66%
Monthly Payment
$3,829.33
Annual Cash Flow
$34,048.044

Location & Travel Times