Quiet Office Building with
For Sale
Contact for pricing
1415 Delplaza Dr, Baton Rouge, LA 70815
A compact office setup with reception, multiple offices, and dedicated kitchen and off-street parking.
Property Size4,376 SF
Days on Market145
Property Features for 1415 Delplaza Dr
General Information
Standard status
Active
Size
4,376 SF
Class
C
Property subtype
Office
Lease Term
$10 SF/yr (MG)
Site & Location
Neighborhood
Broadmoor
Highway Access
Yes
Additional Details
Office Units
5
Building Details
Building Size
4,376 SF
Properties For Sale
at 1415 Delplaza Dr
Suite C
Size
1,094 SF
Term
Negotiable
Listing Agency:
Elifin Realty Baton Rouge
Listed By:
Jacob Loveland
(225) 460-0877
Source:
Elifinrealty
Added: Jun 2
Changed: Oct 13
Last Checked: Oct 23 at 3:33AM
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 Baton Rouge
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Investment Insights
Based on property information with market context.
1415 Delplaza Dr presents a quiet, compact office building designed for straightforward day-to-day operations. The interior includes a reception area, five offices, a dedicated restroom, and a kitchenette. Off-street parking is available, supporting convenient access for employees and visitors.
The property is located just about 1,500 feet off Airline Hwy, offering a calmer setting while still keeping the surrounding business corridor within reach. This proximity can be useful for tenants and buyers seeking an office environment that is less busy than a directly-adjacent frontage location.
With its efficient layout and multiple enclosed offices, the space is well-suited for professional services that need a reception function and private rooms for staff or client meetings. The building is also offered with a modified gross lease type, which may appeal to users looking for a more predictable occupancy structure while maintaining control over their workspace.
The property is located just about 1,500 feet off Airline Hwy, offering a calmer setting while still keeping the surrounding business corridor within reach. This proximity can be useful for tenants and buyers seeking an office environment that is less busy than a directly-adjacent frontage location.
With its efficient layout and multiple enclosed offices, the space is well-suited for professional services that need a reception function and private rooms for staff or client meetings. The building is also offered with a modified gross lease type, which may appeal to users looking for a more predictable occupancy structure while maintaining control over their workspace.
Key Highlights
- Quiet office building about 1,500 ft off Airline Hwy
- Reception area plus 5 offices
- Restroom and dedicated kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,855
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,100
$837.1K
Cap Rate 7%
$597,929
$597.9K
Cap Rate 9%
$465,056
$465.1K
Market Conditions
NOI Build-Up for 4,376 SF
Gross rent
$57.2K $13.08/SF
− Vacancy
−$1.4K −$0.33/SF
EGI
$55.8K $12.75/SF
− OpEx
−$14.0K −$3.19/SF
NOI
$41.9K $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%
$837,100
Cap Rate 7%
$597,929
Cap Rate 9%
$465,056
Alternative Uses
Best Use
Office B
$597.9K
$523.2K – $697.6K
NOI $41,855 @ 7.0% cap · market cap 418,550.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.05M
$917.0K – $1.22M
NOI $73,361 @ 7.0% cap · market cap 733,610.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
5
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Explore this area
Business Placement
Demographics for 70815, LA
29,376
Population
12,060
Households
2.4
Avg Household Size
37
Median Age
30%
College-Educated
86%
High-School Grad
9.5 sq mi
ZIP Area
3,092
Density / Sq Mi
$55,804
Median Household Income
$36,158
Median Earnings
$984
Median Rent
$213,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A compact office setup with reception, multiple offices, and dedicated kitchen and off-street parking.
Where is this office building located?
The property is located at 1415 Delplaza Dr Baton Rouge, LA.
What are key features of this property?
This property features: Quiet office building about 1,500 ft off Airline Hwy; Reception area plus 5 offices; Restroom and dedicated kitchenette
