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Mixed-Use Income Building

1012 S Acadian Trwy Baton Rouge, LA 70806

New
1012 S Acadian Trwy, Baton Rouge, LA, 70806
$1,425,000
For Sale
$1,425,000

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 Market4

Property Features for 1012 S Acadian Trwy

General Information

Standard status
Active
Size
9,495 SF
Listing agency Locations Real Estate
Listed by Vicki Spurlock · License #0000008626
Source Exprealty
Added: Jul 19 Updated: Jul 22 at 5:32PM Checked: Jul 22 at 5:32PM

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


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.

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

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $124.2k $13.08
− Vacancy −$3.1k −$0.33
EGI $121.1k $12.75
− OpEx −$30.3k −$3.19
NOI $90.8k $9.56
9,495 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.30M
$1.14M – $1.51M (±1% cap)
NOI $90,817 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,937 @ 7.0% cap · market cap 6.10%
Theoretical Best
Specialty Retail
$2.27M
$1.99M – $2.65M (±1% cap)
NOI $159,178 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Bakery Pet Store Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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