Flex Property with Stabilized
For Sale
$2,500,000
13825-13841 Jefferson Hwy, Baton Rouge, LA 70817
Two office-warehouse buildings occupy separate parcels with additional land for future development and outdoor storage.
Property Size12,700 SF
Lot Size4.97 Acres
Price / SF$196.85
Days on Market721
Property Features for 13825-13841 Jefferson Hwy
General Information
Standard status
Active
Size
12,700 SF
Lot size
4.97 Acres
Property subtype
Industrial
Zoning
C2
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Building Details
Buildings
2
Listing Agency:
Elifin Realty
Listed By:
Alex Ruch · License #995714093
(225) 485-0238
Source:
Lacdb.resimplifi
Added: Oct 28, 2024
Changed: Oct 16
Last Checked: Oct 16 at 5:54AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property comprises two office-warehouse buildings across two separate parcels at 13825-13841 Jefferson Hwy. The combined property size is 12,700 square feet on approximately 4.97 acres. One building includes approximately 6,500 square feet, with roughly 2,000 square feet of office area and 4,500 square feet of warehouse space, along with outdoor storage. The second building includes a fully stabilized yard and is leased month-to-month.
The property is near the Jefferson Hwy and Tigerbend Rd split, with access to Airline Hwy and proximity to Woman's Hospital. The future I-10 exit at Pecue Lane is also identified in the surrounding context. C2 zoning supports the commercial setting, while surplus land provides room for additional development.
The property is near the Jefferson Hwy and Tigerbend Rd split, with access to Airline Hwy and proximity to Woman's Hospital. The future I-10 exit at Pecue Lane is also identified in the surrounding context. C2 zoning supports the commercial setting, while surplus land provides room for additional development.
Key Highlights
- Two existing office‑warehouse buildings on two separate parcels
- Approximately 4.97 acres of stabilized yard and surplus land
- Combined property size of 12,700 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,472
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,429,440
$2.4M
Cap Rate 7%
$1,735,314
$1.7M
Cap Rate 9%
$1,349,689
$1.3M
Market Conditions
NOI Build-Up for 12,700 SF
Gross rent
$166.1K $13.08/SF
− Vacancy
−$4.2K −$0.33/SF
EGI
$162.0K $12.75/SF
− OpEx
−$40.5K −$3.19/SF
NOI
$121.5K $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%
$2,429,440
Cap Rate 7%
$1,735,314
Cap Rate 9%
$1,349,689
Alternative Uses
Best Use
Office B
$1.74M
$1.52M – $2.02M
NOI $121,472 @ 7.0% cap · market cap 4.86%
Second Best
Warehouse
$1.47M
$1.29M – $1.71M
NOI $102,839 @ 7.0% cap · market cap 4.11%
Theoretical Best
Specialty Retail
$3.04M
$2.66M – $3.55M
NOI $212,907 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two office-warehouse buildings occupy separate parcels with additional land for future development and outdoor storage.
Where is this flex space located?
The property is located at 13825-13841 Jefferson Hwy 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: Two existing office‑warehouse buildings on two separate parcels; Approximately 4.97 acres of stabilized yard and surplus land; Combined property size of 12,700 square feet
