Dental Medical Office
For Sale
$699,000
13234 Perkins Rd Suite A, Baton Rouge, LA 70810
Suite A offers an established medical-office configuration near a signalized commercial intersection.
Property Size2,500 SF
Price / SF$279.60
Days on Market68
Property Features for 13234 Perkins Rd Suite A
General Information
Standard status
Active
Size
2,500 SF
Class
A
Property subtype
Office
Building Details
Building Size
2,500 SF
Listing Agency:
JRE Brokerage
(225) 753-3573
Listed By:
Will Chadwick · License #SALE.995691229‐ACT
Source:
Gojre
Added: Jun 25
Changed: Aug 31
Last Checked: Aug 31 at 12:52PM
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 JRE Brokerage
Investment Insights
Based on property information with market context.
Suite A is a 2,500-square-foot medical office condominium configured for dental use. The property provides a dedicated commercial setting within a condominium format and is positioned just off a signalized intersection, offering convenient access within the Perkins Road and Siegen Lane corridor.
The site is located at 13234 Perkins Rd in Baton Rouge, Louisiana. The intersection records 31,880+ vehicles per day, placing the office near an active retail corridor. The suite address is 13234 Perkins Rd, Suite A, Baton Rouge, LA 70810.
The site is located at 13234 Perkins Rd in Baton Rouge, Louisiana. The intersection records 31,880+ vehicles per day, placing the office near an active retail corridor. The suite address is 13234 Perkins Rd, Suite A, Baton Rouge, LA 70810.
Key Highlights
- 2,500 SF medical office condominium
- Configured for dental use
- Suite A at 13234 Perkins Rd, Baton Rouge, LA 70810
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,066
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$481,320
$481.3K
Cap Rate 7%
$343,800
$343.8K
Cap Rate 9%
$267,400
$267.4K
Market Conditions
NOI Build-Up for 2,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$42.0K $16.80/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$40.1K $16.04/SF
− OpEx
−$16.0K −$6.42/SF
NOI
$24.1K $9.63/SF
Area
Baton Rouge, LA
Vacancy
4.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$481,320
Cap Rate 7%
$343,800
Cap Rate 9%
$267,400
Alternative Uses
Best Use
Healthcare Medical
$343.8K
$300.8K – $401.1K
NOI $24,066 @ 7.0% cap · market cap 3.44%
Second Best
Office B
$341.6K
$298.9K – $398.5K
NOI $23,912 @ 7.0% cap · market cap 3.42%
Theoretical Best
Specialty Retail
$598.7K
$523.9K – $698.5K
NOI $41,911 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dr. Philip J Waguespack — 9140 Siegen Ln, Baton Rouge, LA 70810
- Butler David M Dr — 1818 Oakdale Dr, Baton Rouge, LA 70810
- Village Animal Clinic — 1818 Oakdale Dr, Baton Rouge, LA 70810
- Cat Care Center — 12018 Perkins Rd suite a, Baton Rouge, LA 70810
- Banfield Pet Hospital — 10527 S Mall Dr, South Baton Rouge, LA 70809
Frequently Asked Questions
What type of property is this?
Medical Office Space - Suite A offers an established medical-office configuration near a signalized commercial intersection.
Where is this medical office space located?
The property is located at 13234 Perkins Rd Suite A Baton Rouge, LA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,500 SF medical office condominium; Configured for dental use; Suite A at 13234 Perkins Rd, Baton Rouge, LA 70810
