Stand-Alone Medical Office
For Sale
$1,199,000
10319 Jefferson Hwy, Baton Rouge, LA 70809
Efficient stand-alone medical office building totaling 5,767 SF.
Property Size5,677 SF
Price / SF$207.91
Days on Market167
Property Features for 10319 Jefferson Hwy
General Information
Standard status
Active
Size
5,677 SF
Class
A
Property subtype
Office
Building Details
Building Size
5,677 SF
Year Built
2012
Listing Agency:
JRE Brokerage
Listed By:
Hank Henry
(225) 753-3573
Source:
Gojre
Added: May 8
Changed: Oct 1
Last Checked: Oct 20 at 6:49PM
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 JRE Brokerage
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Investment Insights
Based on property information with market context.
This stand-alone medical office building offers 5,767 SF of efficient space, designed to support day-to-day medical office operations. The property is presented for sale under a for-sale transaction.
The building is located at 10319 Jefferson Highway in Baton Rouge, Louisiana.
The building is located at 10319 Jefferson Highway in Baton Rouge, Louisiana.
Key Highlights
- Efficient stand‑alone medical office building totaling 5,767 SF
- Built in 2012
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,515
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,110,300
$1.1M
Cap Rate 7%
$793,071
$793.1K
Cap Rate 9%
$616,833
$616.8K
Market Conditions
NOI Build-Up for 5,767 SF
Gross rent
$96.9K $16.80/SF
− Vacancy
−$4.4K −$0.76/SF
EGI
$92.5K $16.04/SF
− OpEx
−$37.0K −$6.42/SF
NOI
$55.5K $9.63/SF
Area
Baton Rouge, LA
Vacancy
4.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,110,300
Cap Rate 7%
$793,071
Cap Rate 9%
$616,833
Alternative Uses
Best Use
Healthcare Medical
$793.1K
$693.9K – $925.3K
NOI $55,515 @ 7.0% cap · market cap 4.63%
Second Best
Office B
$788.0K
$689.5K – $919.3K
NOI $55,160 @ 7.0% cap · market cap 4.60%
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,680 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70809, LA
25,302
Population
13,872
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
97%
High-School Grad
14.4 sq mi
ZIP Area
1,757
Density / Sq Mi
$81,310
Median Household Income
$55,827
Median Earnings
$1,336
Median Rent
$305,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Efficient stand-alone medical office building totaling 5,767 SF.
Where is this medical office space located?
The property is located at 10319 Jefferson Hwy Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Efficient stand‑alone medical office building totaling 5,767 SF; Built in 2012
