Neighborhood Commercial Office
For Sale
$185,000
13279 Old Hammond Hwy, Baton Rouge, LA 70816
Compact commercial property with Neighborhood Commercial zoning along Old Hammond Hwy.
Property Size875 SF
Price / SF$211.43
Days on Market48
Property Features for 13279 Old Hammond Hwy
General Information
Standard status
Active
Size
875 SF
Zoning
Neighborhood Commercial
Site & Location
Neighborhood
Fairwood
Listing Agency:
RE/MAX Properties
Listed By:
Ginger Murray · License #0000001506
(225) 229-0088
Source:
Larry.agent225
Added: Sep 12
Changed: Oct 26
Last Checked: Oct 7 at 12:56PM
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 RE/MAX Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 875-square-foot office building carries Neighborhood Commercial zoning and is positioned along Old Hammond Hwy in Baton Rouge. The property was formerly configured as a two-bedroom, one-bath home, providing a residential-format building within a commercial setting. The address is 13279 Old Hammond Hwy, Baton Rouge, LA 70816.
Key Highlights
- 875‑square‑foot office building
- Neighborhood Commercial zoning
- Formerly configured as a 2 bed 1 bath home
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,369
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,380
$167.4K
Cap Rate 7%
$119,557
$119.6K
Cap Rate 9%
$92,989
$93.0K
Market Conditions
NOI Build-Up for 875 SF
Gross rent
$11.4K $13.08/SF
− Vacancy
−$286 −$0.33/SF
EGI
$11.2K $12.75/SF
− OpEx
−$2.8K −$3.19/SF
NOI
$8.4K $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%
$167,380
Cap Rate 7%
$119,557
Cap Rate 9%
$92,989
Alternative Uses
Best Use
Office B
$119.6K
$104.6K – $139.5K
NOI $8,369 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$209.6K
$183.4K – $244.5K
NOI $14,669 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Demographics for 70816, LA
45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
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
Frequently Asked Questions
What type of property is this?
Office building - Compact commercial property with Neighborhood Commercial zoning along Old Hammond Hwy.
Where is this office building located?
The property is located at 13279 Old Hammond Hwy Baton Rouge, LA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 875‑square‑foot office building; Neighborhood Commercial zoning; Formerly configured as a 2 bed 1 bath home
