Class A Office Building in
For Sale
$2,500,000
9373 Baringer Foreman Rd Building 3, Baton Rouge, LA 70817
Fully leased Class A office building with high-end finishes and flexible floor plans inside the Baringer Block development.
Property Size10,550 SF
Days on Market73
Property Features for 9373 Baringer Foreman Rd Building 3
General Information
Standard status
Active
Size
10,550 SF
Class
A
Property subtype
Office - General Office
Building Details
Building Size
10,550 SF
Units
5
Listing Agency:
ELIFIN Realty
Listed By:
Fabian H.C. Edwards
(800) 895-9329
Source:
Commercialcafe
Added: Jul 26
Changed: Sep 27
Last Checked: Oct 5 at 3:42PM
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 ELIFIN Realty
Investment Insights
Based on property information with market context.
Now available for sale, 9373 Baringer Foreman Rd (Building 3) is a fully leased Class A office building within the architecturally unique Baringer Block development in South Baton Rouge. The building offers high-end finishes, flexible floor plans, and a modern facade designed to stand out from typical office parks.
Located along Airline Hwy, the property benefits from high visibility, with an average of 32,300 vehicles passing daily. Within the development, parking, entry drives, and monument signage are in place, and two of the five planned buildings are completed.
The broader area includes nearby connections to major activity, including Long Farm, a 273-acre mixed-use development located about 0.3 miles southeast, and easy access to Woman’s Hospital about 1.7 miles south.
Located along Airline Hwy, the property benefits from high visibility, with an average of 32,300 vehicles passing daily. Within the development, parking, entry drives, and monument signage are in place, and two of the five planned buildings are completed.
The broader area includes nearby connections to major activity, including Long Farm, a 273-acre mixed-use development located about 0.3 miles southeast, and easy access to Woman’s Hospital about 1.7 miles south.
Key Highlights
- Fully leased Class A office building inside the Baringer Block development in South Baton Rouge
- High‑visibility location on Airline Hwy with about 32,300 vehicles passing daily
- Architecturally unique building with high‑end finishes and a modern, eye‑catching facade
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,908
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,018,160
$2.0M
Cap Rate 7%
$1,441,543
$1.4M
Cap Rate 9%
$1,121,200
$1.1M
Market Conditions
NOI Build-Up for 10,550 SF
Gross rent
$138.0K $13.08/SF
− Vacancy
−$3.4K −$0.33/SF
EGI
$134.5K $12.75/SF
− OpEx
−$33.6K −$3.19/SF
NOI
$100.9K $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%
$2,018,160
Cap Rate 7%
$1,441,543
Cap Rate 9%
$1,121,200
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,908 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.53M
$2.21M – $2.95M
NOI $176,864 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 70817, LA
35,025
Population
14,106
Households
2.5
Avg Household Size
40
Median Age
50%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
1,379
Density / Sq Mi
$102,878
Median Household Income
$58,613
Median Earnings
$1,363
Median Rent
$288,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Fully leased Class A office building with high-end finishes and flexible floor plans inside the Baringer Block development.
Where is this office building located?
The property is located at 9373 Baringer Foreman Rd Building 3 Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fully leased Class A office building inside the Baringer Block development in South Baton Rouge; High‑visibility location on Airline Hwy with about 32,300 vehicles passing daily; Architecturally unique building with high‑end finishes and a modern, eye‑catching facade
