Office Building For
11833 Market Pl Ave Baton Rouge, LA 70816
11833 Market Pl Ave, Baton Rouge, LA, 70816
Contact for pricing
For Sale
Contact for pricing
Office building with 1925 square feet available for purchase.
Property Size1,925 SF
Price / SF$124.16
Days on Market157
Property Features for 11833 Market Pl Ave
General Information
- Standard status
- Active
- Size
- 1,925 SF
- Property subtype
- Office
Listing Agency
Saurage Rotenberg Commercial Real Estate
(225) 329-5498
Listed by
Luke Gomez · License #LA 995694316
Source
Crexi
Added: Feb 10 Checked: Jul 17 at 3:44 am
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 Saurage Rotenberg Commercial Real Estate
Investment Insights
Based on property information with market context.
This is an office building available for sale. The property offers 1925 square feet of space.
Key Highlights
- Office building for sale
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 | $25.2k | $13.08 |
| − Vacancy | −$629 | −$0.33 |
| EGI | $24.5k | $12.75 |
| − OpEx | −$6.1k | −$3.19 |
| NOI | $18.4k | $9.56 |
1,925 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$263.0K
$230.2K – $306.9K
NOI $18,412 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$461.0K
$403.4K – $537.9K
NOI $32,271 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ashley White, Lacy ...
Real Estate Agency
Charmel Brown, Lacy ...
Real Estate Agency
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FAQs
What type of property is this?
Office building - Office building with 1925 square feet available for purchase.
Where is this office building located?
The property is located at 11833 Market Pl Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Office building for sale
