Building Details

Building Size 2,500 SF

Listing Agency: JRE Brokerage

Listed By: Will Chadwick · License #SALE.995691229‐ACT Show Phone

Source: Gojre

Added: Jun 25 Changed: Oct 16 Last Checked: Oct 16 at 8:08AM

Report an Issue

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

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

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.

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 / Yr

$24,066

Cap Rate

3.57%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$481,320 $481.3K

Cap Rate 7%

$343,800 $343.8K

Cap Rate 9%

$267,400 $267.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,500 SF

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 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 (±1% cap)

NOI $24,066 @ 7.0% cap · market cap 3.57%

Second Best

Office B

$341.6K

$298.9K – $398.5K (±1% cap)

NOI $23,912 @ 7.0% cap · market cap 3.54%

Theoretical Best

Specialty Retail

$598.7K

$523.9K – $698.5K (±1% cap)

NOI $41,911 @ 7.0% cap · market cap 6.21%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Botox Dermal filler ... Dental Office Griffin Jeff DDS Dental Office Ken Kenelly - State ... Insurance Agency Mainieri Dental Dental Office Cox Telecommunications Service

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Cafe & Coffee Shop Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Similar For Sale Nearby

See more

Renovated Office Condo

429 E Airport Ave, Unit 3, Baton Rouge, LA 70806

$623,000

2,047 SF

View details

Renovated Office Unit

1669 Lobdell Ave, Baton Rouge, LA 70806

$699,000

3,309 SF

View details

Professional Office Suites For Sale

4326 Sherwood Common Blvd, Stes 102/202, Baton Rouge, LA 70816

$412,000

View details

Standalone Office Building

3060 Teddy Dr, Baton Rouge, LA 70809

$375,000

2,300 SF

View details

Medical Office on Corner Lots

15165 S Harrells Ferry Rd, Baton Rouge, LA 70816

$499,900

2,000 SF

View details

Renovated First-Floor Office Units

7423 Picardy Ave., Baton Rouge, LA 70808

$425,000

3,000 SF

View details

Central Business District Office Space

842 & 846 Main St, Baton Rouge, LA 70802

$650,000

4,015 SF

View details

Renovated Office Building with Parking

846 Main St, Baton Rouge, LA 70802

$650,000

4,015 SF

View details

Multi-Suite Office Building

2161 Quail Run Dr, Baton Rouge, LA 70808

$990,000

3,730 SF

View details

Class A End-Unit Office Suite

16851 Jefferson Hwy #4a, Baton Rouge, LA 70817

$369,000

1,802 SF

View details

Turnkey Class A Office Suite

4a-16851 Jefferson Hwy, Baton Rouge, LA 70809

$369,000

1,802 SF

View details

Medical Office Near Baton Rouge

4750 North Blvd, Baton Rouge, LA 70806

$480,000

4,000 SF

View details

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 $675,000.

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