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12240 Coursey Blvd
12240 Coursey Blvd, Baton Rouge, LA 70816
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Overview
Great Income Producing Property
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 financials.
Units available for lease as well, contact listing agent for more details.
For Sale
Investment
Retail
Secondary Uses: Convenience Store, Day Care Facility, Hair Salon, Post Office, Restaurant
- Sale Price
- $1,410,000
- Price Per SF
- $112.8/SF
- Cap Rate
- 6.03%
- Building Size
- 12,500 SF
- Acres
- 1.1951 ac
- Zoning
- C-AB-1
- Zoning Desc.
- Commercial Alcoholic Beverage
- Gross Income
- $142,070
- NOI
- $85,000
- Pro Forma NOI
- $125,000
- Total Expenses
- $36,062
- Building Name
- Lake Park Shopping Center
- Floors
- 1
- Tax ID Number
- 45284
- Property Status
- Existing
- Avg. Occupancy
- 83%
- Parish
- East Baton Rouge
- Available
- 12/31/2025
- Listed
- 12/31/2025
- Updated
- 02/07/2026
- Listing ID
- 17f03ad5
- Parcel APN
- 45284