Two-Story Office
For Sale
Contact for pricing
11944 Coursey Blvd, Baton Rouge, LA 70816
Office property with a two-story configuration along Coursey Blvd.
Property Size4,200 SF
Price / SF$0.43
Days on Market271
Property Features for 11944 Coursey Blvd
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Office
Zoning
R
Lease Type
Gross
Additional Details
Road Access
Yes
Amenities
Power
Water
Sewer
Building Details
Stories
2
Listing Agency:
Adam Campo Real Estate, LLC
Listed By:
Xiaofu Li
(225) 295-3035
Source:
Lacdb.resimplifi
Added: Jan 20
Changed: Oct 10
Last Checked: Oct 16 at 5:56AM
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 Adam Campo Real Estate, LLC
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Investment Insights
Based on property information with market context.
This two-story office building is located at 11944 Coursey Blvd in Baton Rouge, Louisiana. The property is identified with a size of 4,200 and carries an R zoning designation. Its office-building configuration offers a straightforward commercial asset for evaluation along Coursey Blvd, with the address providing a defined location within Baton Rouge.
Key Highlights
- Two‑story office building
- Property size identified as 4200
- R zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,172
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,440
$803.4K
Cap Rate 7%
$573,886
$573.9K
Cap Rate 9%
$446,356
$446.4K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$54.9K $13.08/SF
− Vacancy
−$1.4K −$0.33/SF
EGI
$53.6K $12.75/SF
− OpEx
−$13.4K −$3.19/SF
NOI
$40.2K $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%
$803,440
Cap Rate 7%
$573,886
Cap Rate 9%
$446,356
Alternative Uses
Best Use
Office B
$573.9K
$502.2K – $669.5K
NOI $40,172 @ 7.0% cap · market cap 2,231.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.01M
$880.1K – $1.17M
NOI $70,410 @ 7.0% cap · market cap 3,911.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,419
Businesses Nearby
Explore this area
Business Placement
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
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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?
Office building - Office property with a two-story configuration along Coursey Blvd.
Where is this office building located?
The property is located at 11944 Coursey Blvd Baton Rouge, LA.
What are key features of this property?
This property features: Two‑story office building; Property size identified as 4200; R zoning designation
