Residential Income Property with Central
For Sale
$200,000
1208 PLAZA Drive, Baker, LA 70714
The 1979 property includes ENERGY STAR-qualified appliances and a driveway.
Property Size1,800 SF
Price / SF$111.11
Days on Market9
Property Features for 1208 PLAZA Drive
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Residential Income
Amenities
Central Air
Central
ENERGY STAR Qualified Appliances
Driveway
Traditional
Building Details
Year Built
1979
Stories
1
Listing Agency:
CONGRESS REALTY
Listed By:
Jared English · License #0561973
(888) 881-4118
Source:
Evrealestate
Added: Oct 5
Changed: Oct 10
Last Checked: Oct 12 at 7:45PM
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 CONGRESS REALTY
Investment Insights
Based on property information with market context.
Located at 1208 Plaza Drive in Baker, this residential income property was built in 1979 and has central air, ENERGY STAR-qualified appliances, and a driveway. Groom Road is about one mile from Baker town center.
Key Highlights
- Built in 1979
- Central air conditioning
- ENERGY STAR‑qualified appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,786
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,720
$335.7K
Cap Rate 7%
$239,800
$239.8K
Cap Rate 9%
$186,511
$186.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$32.4K $18.00/SF
− Vacancy
−$1.9K −$1.04/SF
EGI
$30.5K $16.96/SF
− OpEx
−$13.7K −$7.63/SF
NOI
$16.8K $9.33/SF
Area
East Baton Rouge County, LA
Vacancy
5.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,720
Cap Rate 7%
$239,800
Cap Rate 9%
$186,511
Alternative Uses
Best Use
Apartment 5plus
$239.8K
$209.8K – $279.8K
NOI $16,786 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$371.4K
$324.9K – $433.3K
NOI $25,995 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Explore this area
Business Placement
Demographics for 70714, LA
18,954
Population
7,278
Households
2.6
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
34.6 sq mi
ZIP Area
548
Density / Sq Mi
$60,333
Median Household Income
$36,390
Median Earnings
$1,026
Median Rent
$158,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - The 1979 property includes ENERGY STAR-qualified appliances and a driveway.
Where is this residential income property located?
The property is located at 1208 PLAZA Drive Baker, LA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Built in 1979; Central air conditioning; ENERGY STAR‑qualified appliances
