Description
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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School Ratings & Info
Description
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.
© 2026 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keaty Real Estate, LLC. Data last updated: 2026-04-20T16:32:16.283. Licensed in the State of Louisiana, USA. Keaty Real Estate, LLC || (337) 235-7770 || Lafayette, LA
Listing provided courtesy of Keller Williams Realty-First Choice: 225-744-0044 .© 2026 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.