Property profile

1400 Main St Baton Rouge, LA 70802

FOR SALE
Office buildings
Property ID
US36-Q009828
42,315 SF
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Property summary

AI-generated overview

An opportunity for an owner/user or investor, this beautiful building is an impressive 104-years-old and combines a classic industrial feel with time-tested construction. The multi-tenant office/warehouse is ±76% occupied and generating rental income, presenting an opportunity for an investor to bring additional value by leasing the vacant portion. Or the versatile property could be utilized by an industrial / manufacturing / distributing user looking for space in Mid City The current tenant is Capital Area Corporate Recycling Council.

Property profile

Verified
Property type Office buildings
Total area 42,315 SF
UPID US36-Q009828

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Recycling Center Waste Management Facility

Location

1400 Main St Baton Rouge, LA 70802
Baton Rouge metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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