Freestanding Office
For Sale
$1,499,000
10211 Siegen Lane Building 1, Baton Rouge, LA 70810
Interior space includes private offices, conference rooms, a reception area, and an employee kitchenette.
Property Size6,770 SF
Price / SF$224.74
Days on Market28
Property Features for 10211 Siegen Lane Building 1
General Information
Standard status
Active
Size
6,770 SF
Property subtype
Office
Zoning
GOL
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Building Size
6,770 SF
Listing Agency:
Jon James Real Estate, LLC
Listed By:
Jonathan Shreve
(225) 726-9425
Source:
Lacdb.resimplifi
Added: Sep 16
Changed: Oct 13
Last Checked: Oct 13 at 2:33AM
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 Jon James Real Estate, LLC
Investment Insights
Based on property information with market context.
This freestanding office property has a reception and waiting area, private offices, and large conference rooms. The interior also includes an employee breakroom with kitchenette and multiple restrooms. On-site surface parking serves staff and visitors.
The building fronts Siegen Lane between Perkins Road and Highland Road, with access to Interstate 10 and Interstate 12. Nearby commercial corridors and retail, medical, and dining services are part of the surrounding area.
The building fronts Siegen Lane between Perkins Road and Highland Road, with access to Interstate 10 and Interstate 12. Nearby commercial corridors and retail, medical, and dining services are part of the surrounding area.
Key Highlights
- Freestanding office building on Siegen Lane
- Reception and waiting area, private offices, and large conference rooms
- Employee breakroom with kitchenette and multiple restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,797
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,275,940
$1.3M
Cap Rate 7%
$911,386
$911.4K
Cap Rate 9%
$708,856
$708.9K
Market Conditions
NOI Build-Up for 6,670 SF
Gross rent
$87.2K $13.08/SF
− Vacancy
−$2.2K −$0.33/SF
EGI
$85.1K $12.75/SF
− OpEx
−$21.3K −$3.19/SF
NOI
$63.8K $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%
$1,275,940
Cap Rate 7%
$911,386
Cap Rate 9%
$708,856
Alternative Uses
Best Use
Office B
$911.4K
$797.5K – $1.06M
NOI $63,797 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.60M
$1.40M – $1.86M
NOI $111,818 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Explore this area
Business Placement
Demographics for 70810, LA
42,472
Population
19,195
Households
2.2
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
26.2 sq mi
ZIP Area
1,621
Density / Sq Mi
$93,712
Median Household Income
$52,510
Median Earnings
$1,406
Median Rent
$353,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Interior space includes private offices, conference rooms, a reception area, and an employee kitchenette.
Where is this office building located?
The property is located at 10211 Siegen Lane Building 1 Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Freestanding office building on Siegen Lane; Reception and waiting area, private offices, and large conference rooms; Employee breakroom with kitchenette and multiple restrooms
