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Two-Suite Office Building

11823 MARKET PL, Baton Rouge, LA 70816

For Lease
$2,495/Mo

Commercial Lease, Baton Rouge, LA

Space SizeContact for details
Lot Size0.02 Acres
Days on Market385

Property Features for 11823 MARKET PL

General Information

Property type Commercial Lease
Property subtype Other
Parking features Parking Lot
Subdivision Sherwood Forest Office Park
Directions S Sherwood Forest Blvd off of Airline Hwy
Standard status Active
APN 1986759
Size 2,607 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Description Ward: 1-4, Subdivision: Sherwood Forest Office Park, Lot: 41. 2nd Filing(Commercial Office)
Tax Annual Amount 1487
Legal Description Ward: 1-4, Subdivision: Sherwood Forest Office Park, Lot: 41. 2nd Filing(Commercial Office)

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1979
Floors in Building 1
Building materials Brick
Roof type Composition
Listing Agency: Burns & Co., Inc.
Listed By: Richard Hedley · License LA #995691791
Added: Oct 22, 2025 Changed: Nov 3 Last Checked: Nov 10 at 9:06AM
MLS# 2025019578

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 2,607-square-foot office property consists of two connected suites in a standalone brick building. Constructed in 1979, it has central heating and central air conditioning, with electric heating. The building sits on a 0.019-acre lot and includes a parking lot. Public water and sewer serve the property, and the roof is composition.

Key Highlights

  • 2,607‑square‑foot standalone office building with two connected suites
  • Brick construction; built in 1979
  • Central heating and central air conditioning, with electric heat

Property Analytics

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Current Use

East Baton Rouge ... Advocacy Group

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Catering Service Travel Agency Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,216
Businesses Nearby

Demographics for 70816, LA

45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Baton Rouge, LA

$20.84 /SF/Yr
Avg Asking Price
$1.05–$275 /SF/Yr
Price Range
14,885 SF
Avg Space Size

This space is priced 45% below the average of $20.84 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Baton Rouge, LA

$19.95 Jul
$22.85 Aug
$20.39 Sep
$20.45 Oct

Properties on Market for Office Units in Baton Rouge

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A brick property contains two connected suites in a standalone configuration.
Where is this office unit located?
The property is located at 11823 MARKET PL Baton Rouge, LA.
What is the lease rate?
The lease rate is $2,495/Mo.
What are key features of this property?
This property features: 2,607‑square‑foot standalone office building with two connected suites; Brick construction; built in 1979; Central heating and central air conditioning, with electric heat
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