Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1651 Thibodeaux Ave Baton Rouge, LA 70806

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $25 SF/Yr ($2,341 /Mo)

    Office suite with private offices, kitchenette, and restroom for lease.

    Property size:
    1,124 SF
    Lot size:
    0.30 Acres

    Property Features for 1651 Thibodeaux Ave

    General Information

    Size
    1,124 SF
    Lot size
    0.30 Acres

    We can help!

    Listing Contact
    Tom Mcgee
    Tom Mcgee
    Source: Moodyscre

    Listing Agent: Tom Mcgee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Office Suite in Goodwood Neighborhood

    An office suite offering 1,124 square feet is available for lease. The suite features 3 private offices, a reception/waiting area, a kitchenette, and a private restroom. It is located in the Goodwood neighborhood, minutes from Towne Center, Baton Rouge Country Club, and major commercial corridors. The space is suitable for professional services, medical, or administrative use.
    Location Intelligence

    Current Use by Public Records

    Maryelizabeth LeBoeuf, Ph.D., ... Psychologist Michele Hornsby Social Worker Nina Barbin Social Worker Ellender Carolyn P Social Worker Howard Mary M Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1133712
    Latitude
    30.4347296

    Nearby Similar for Lease

    • $700 /Mo
      106 SF

      Furnished Room in Saint George

      Furnished room with sink, cabinetry, and marble flooring available.
      14111 Airline Hwy, Baton Rouge, LA 70817
      View Details
    • $2,500 /Mo
      850 SF

      Florida Boulevard Commercial Opportunity

      0.47 acres with buildings on Florida Boulevard for rent.
      8676 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $995 /Mo
      1,092 SF

      Baton Rouge Office Suite Rental

      Well-maintained office suite available for rent in Baton Rouge.
      9654 Brookline Ave, Baton Rouge, LA 70809
      View Details
    • $595 /Mo
      685 SF

      Baton Rouge Office Suite Rental

      Well-maintained office suite available for rent in Baton Rouge.
      9654 Brookline Ave, Baton Rouge, LA 70809
      View Details
    • $1,000 /Mo
      1,500 SF

      Renovated Commercial Space in Baton Rouge

      Completely renovated commercial space in the heart of Mid City.
      3844 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • $3,200 /Mo
      2,000 SF

      Daycare Center For Lease

      Established daycare center with playground and ample parking for lease.
      10764 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $900 /Mo
      600 SF

      Secured Retail Space on Florida

      600 SF retail space with security features on Florida Blvd.
      8700 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $900 /Mo
      600 SF

      Secured Retail Space on Florida

      600 SF commercial space with security features on Florida Blvd.
      8700 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $250 SF/Yr
      1,200 SF

      Mid City Commercial Rental

      Single room commercial rental in the heart of Mid City.
      335 S Acadian Thwy, Baton Rouge, LA 70806
      View Details
    • $1,250 /Mo
      4,189 SF

      Baton Rouge Office Suite Rental

      Office suite with four offices, bath, and reception area.
      3084 Westfork Dr, Baton Rouge, LA 70816
      View Details
    • $1,250 /Mo
      4,189 SF

      Baton Rouge Office Suite

      Office suite featuring four offices and a reception area.
      3084 Westfork Dr, Baton Rouge, LA 70816
      View Details
    • $1,695 /Mo
      8,872 SF

      Office Space in Baton Rouge

      Professional office space for rent in Baton Rouge, Louisiana.
      4100 S Sherwood Forest Blvd, Baton Rouge, LA 70816
      View Details

    FAQs

    What type of property is this?
    Office space - Office suite with private offices, kitchenette, and restroom for lease.
    Where is this office space located?
    The property is located at 1651 Thibodeaux Ave Baton Rouge, LA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Located in the desirable Goodwood Neighborhood; - 1,124 SF Office Suite Available for Lease; - Suite includes 3 private offices, reception/waiting area, kitchenette & private restroom
    (318) 282-2974
    Request Owner's contact information
    1651 Thibodeaux Ave Baton Rouge, LA 70806
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1651 Thibodeaux Ave
    Baton Rouge, LA 70806
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1651 Thibodeaux Ave Baton Rouge, LA 70806
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tom Mcgee
    Tom Mcgee
    (318) 282-2974
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.