Office/Retail Development
For Sale
Contact for pricing
14345 Grand Settlement Blvd, Baton Rouge, LA 70818
Commercial land positioned within a proposed office and retail development in a TND setting.
Property Size20,000 SF
Price / SF$0.00
Days on Market1516
Property Features for 14345 Grand Settlement Blvd
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Retail
Lease Type
NNN
Amenities
Water
Sewer
Building Details
Year Built
2022
Listing Agency:
Maestri-Murrell Inc
Listed By:
Drew Gonzales
(337) 591-6411
Source:
Lacdb.resimplifi
Added: Aug 23, 2022
Changed: Oct 8
Last Checked: Oct 16 at 5:48AM
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 Maestri-Murrell Inc
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 commercial land offering is part of the Settlement at Shoe Creek TND and is planned for office and retail development. The project provides flexibility for both land acquisition and future commercial occupancy, with pad sites reaching up to 1 acre and as much as 20,000 square feet of office or retail space planned for lease.
Key Highlights
- Part of the Settlement at Shoe Creek TND
- Pad sites up to 1 acre available for purchase
- Up to 20,000 SF of office and retail space available for lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,295
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,825,900
$3.8M
Cap Rate 7%
$2,732,786
$2.7M
Cap Rate 9%
$2,125,500
$2.1M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$261.6K $13.08/SF
− Vacancy
−$6.5K −$0.33/SF
EGI
$255.1K $12.75/SF
− OpEx
−$63.8K −$3.19/SF
NOI
$191.3K $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%
$3,825,900
Cap Rate 7%
$2,732,786
Cap Rate 9%
$2,125,500
Alternative Uses
Best Use
Retail
$4.47M
$3.91M – $5.22M
NOI $312,935 @ 7.0% cap · market cap 1,251,740.00%
Second Best
Office B
$2.73M
$2.39M – $3.19M
NOI $191,295 @ 7.0% cap · market cap 765,180.00%
Theoretical Best
Specialty Retail
$4.79M
$4.19M – $5.59M
NOI $335,287 @ 7.0% cap · market cap 1,341,148.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Explore this area
Business Placement
Demographics for 70818, LA
10,492
Population
4,358
Households
2.4
Avg Household Size
40
Median Age
36%
College-Educated
96%
High-School Grad
14.8 sq mi
ZIP Area
709
Density / Sq Mi
$77,262
Median Household Income
$49,741
Median Earnings
$1,353
Median Rent
$255,800
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?
Commercial land - Commercial land positioned within a proposed office and retail development in a TND setting.
Where is this commercial land located?
The property is located at 14345 Grand Settlement Blvd Baton Rouge, LA.
What are key features of this property?
This property features: Part of the Settlement at Shoe Creek TND; Pad sites up to 1 acre available for purchase; Up to 20,000 SF of office and retail space available for lease
