Mixed-Use Income
For Sale
$1,425,000
1012 S Acadian Trwy, Baton Rouge, LA 70806
Three first-floor business offices and five rental units across two additional floors in excellent condition.
Property Size9,495 SF
Price / SF$150.08
Days on Market95
Property Features for 1012 S Acadian Trwy
General Information
Standard status
Active
Size
9,495 SF
Units
Multifamily Units
5
Office Units
3
Taxes and HOA fees
Annual Taxes
$11,777
Building Details
Stories
3
Listing Agency:
Locations Real Estate
(225) 928-2222
Listed By:
Vicki Spurlock · License #0000008626
(225) 324-2900
Source:
Exprealty
Added: Jul 19
Changed: Oct 10
Last Checked: Oct 20 at 11:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Locations Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use income building offers three business offices on the first floor, totaling 3,750.00, with three rental units on the second floor and two additional units on the third floor. The property totals 9,495 and is described as being in excellent condition.
The building includes space that can be used for long-term rentals or short-term rentals, and attached paperwork highlights improvements and related statistics, along with a list of listings for four of the short-term rentals. The property has been appraised, and the sellers have moved out of state, which is noted as the reason for the sale.
All units and office space are included within the existing structure as configured, with the opportunity to operate both office and residential income uses from the same property.
The building includes space that can be used for long-term rentals or short-term rentals, and attached paperwork highlights improvements and related statistics, along with a list of listings for four of the short-term rentals. The property has been appraised, and the sellers have moved out of state, which is noted as the reason for the sale.
All units and office space are included within the existing structure as configured, with the opportunity to operate both office and residential income uses from the same property.
Key Highlights
- Three business offices on the first floor totaling 3,750 SF
- Five rental units on the second floor for rentals or Air B&B
- Two additional units on the third floor for long‑term rentals or Air B&B
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,817
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,816,340
$1.8M
Cap Rate 7%
$1,297,386
$1.3M
Cap Rate 9%
$1,009,078
$1.0M
Market Conditions
NOI Build-Up for 9,495 SF
Gross rent
$124.2K $13.08/SF
− Vacancy
−$3.1K −$0.33/SF
EGI
$121.1K $12.75/SF
− OpEx
−$30.3K −$3.19/SF
NOI
$90.8K $9.56/SF
Area
Baton Rouge, LA
Vacancy
2.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,816,340
Cap Rate 7%
$1,297,386
Cap Rate 9%
$1,009,078
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.51M
NOI $90,817 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$1.24M
$1.09M – $1.45M
NOI $86,937 @ 7.0% cap · market cap 6.10%
Theoretical Best
Specialty Retail
$2.27M
$1.99M – $2.65M
NOI $159,178 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Office units
5
Residential units
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Explore this area
Business Placement
Demographics for 70806, LA
27,898
Population
14,972
Households
1.9
Avg Household Size
37
Median Age
40%
College-Educated
90%
High-School Grad
8.9 sq mi
ZIP Area
3,135
Density / Sq Mi
$53,430
Median Household Income
$41,894
Median Earnings
$1,014
Median Rent
$321,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Three first-floor business offices and five rental units across two additional floors in excellent condition.
Where is this short term rental property located?
The property is located at 1012 S Acadian Trwy Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Three business offices on the first floor totaling 3,750 SF; Five rental units on the second floor for rentals or Air B&B; Two additional units on the third floor for long‑term rentals or Air B&B
