Two-Story Office
For Sale
$1,400,000
13061 Great Tern Ave, Baton Rouge, LA 70810
The newly constructed property is fully occupied and zoned C2.
Property Size8,358 SF
Price / SF$167.50
Days on Market36
Property Features for 13061 Great Tern Ave
General Information
Standard status
Active
Size
8,358 SF
Property subtype
Office
Zoning
C2
Occupancy
100%
Building Details
Buildings
1
Stories
2
Listing Agency:
Maestri-Murrell Inc
Listed By:
Drew Gonzales
(337) 591-6411
Source:
Lacdb.resimplifi
Added: Sep 8
Changed: Oct 13
Last Checked: Oct 13 at 2:29AM
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 Maestri-Murrell Inc
Investment Insights
Based on property information with market context.
This two-story office building contains 8,358 square feet and was newly constructed. The property is 100% occupied and carries C2 zoning.
Key Highlights
- 8,358‑square‑foot office building
- Two‑story, newly constructed building
- 100% occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,942
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,598,840
$1.6M
Cap Rate 7%
$1,142,029
$1.1M
Cap Rate 9%
$888,244
$888.2K
Market Conditions
NOI Build-Up for 8,358 SF
Gross rent
$109.3K $13.08/SF
− Vacancy
−$2.7K −$0.33/SF
EGI
$106.6K $12.75/SF
− OpEx
−$26.6K −$3.19/SF
NOI
$79.9K $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%
$1,598,840
Cap Rate 7%
$1,142,029
Cap Rate 9%
$888,244
Alternative Uses
Best Use
Office B
$1.14M
$999.3K – $1.33M
NOI $79,942 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.00M
$1.75M – $2.34M
NOI $140,117 @ 7.0% cap · market cap 10.01%
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
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
Demographics for 70810, LA
42,472
Population
19,195
Households
2.2
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
26.2 sq mi
ZIP Area
1,621
Density / Sq Mi
$93,712
Median Household Income
$52,510
Median Earnings
$1,406
Median Rent
$353,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - The newly constructed property is fully occupied and zoned C2.
Where is this office building located?
The property is located at 13061 Great Tern Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 8,358‑square‑foot office building; Two‑story, newly constructed building; 100% occupied
