Flex Building with
For Sale
Contact for pricing
13953 Perkins Rd, Baton Rouge, LA 70810
Flex property offering approximately 2,000 SF of office space and 3,000 SF of warehouse/storage space.
Property Size5,000 SF
Price / SF$100
Days on Market246
Property Features for 13953 Perkins Rd
General Information
Standard status
Active
Size
5,000 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Perkins / Highland
Listing Agency:
Elifin Realty
(800) 895-9329
Listed By:
Fabian Edwards
(985) 974-8301
Source:
Moodyscre
Added: Feb 20
Changed: Jul 22
Last Checked: Oct 23 at 11:26AM
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
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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 flex building includes approximately 2,000 SF of office space and approximately 3,000 SF of warehouse/storage space, totaling about 5,000 SF. Monument signage is in place, supporting brand visibility for commercial users.
The property is located near the upcoming Pecue Lane interchange. It is zoned C-2 – Heavy Commercial.
With both office and warehouse/storage space under one roof, the layout is designed to support operations that require an on-site work area alongside storage and light logistics functions.
The property is located near the upcoming Pecue Lane interchange. It is zoned C-2 – Heavy Commercial.
With both office and warehouse/storage space under one roof, the layout is designed to support operations that require an on-site work area alongside storage and light logistics functions.
Key Highlights
- Approximately 2,000 SF of office space plus 3,000 SF of warehouse/storage space
- Monument signage in place
- Located near the upcoming Pecue Lane interchange
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,343
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,860
$666.9K
Cap Rate 7%
$476,329
$476.3K
Cap Rate 9%
$370,478
$370.5K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$48.6K $9.72/SF
− Vacancy
−$967 −$0.19/SF
EGI
$47.6K $9.53/SF
− OpEx
−$14.3K −$2.86/SF
NOI
$33.3K $6.67/SF
Area
Baton Rouge, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,860
Cap Rate 7%
$476,329
Cap Rate 9%
$370,478
Alternative Uses
Best Use
Industrial
$476.3K
$416.8K – $555.7K
NOI $33,343 @ 7.0% cap · market cap 6.67%
Second Best
Flex RnD
$464.1K
$406.1K – $541.5K
NOI $32,487 @ 7.0% cap · market cap 6.50%
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $83,822 @ 7.0% cap · market cap 16.76%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Under-served
Demand for This Use
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- My Desi Flavors — 14315 Center Town Dr, Baton Rouge, LA 70810
Frequently Asked Questions
What type of property is this?
Flex space - Flex property offering approximately 2,000 SF of office space and 3,000 SF of warehouse/storage space.
Where is this flex space located?
The property is located at 13953 Perkins Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 2,000 SF of office space plus 3,000 SF of warehouse/storage space; Monument signage in place; Located near the upcoming Pecue Lane interchange
