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Renovated Office-Forward Flex Space
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15035 JEFFERSON HWY, Baton Rouge, LA 70817

The property combines a refreshed office suite with conditioned warehouse space and a dedicated outdoor storage area.

Property Size4,663 SF
Price / SF$1.61
Days on Market77

Property Features for 15035 JEFFERSON HWY

General Information

Standard status Active
Size 4,663 SF
Total Parking Spaces 16
Property subtype Commercial
Zoning Rural

Site & Location

Neighborhood Jefferson / Tiger Bend
Road Access Yes

Amenities

access control
security cameras
security system
water fountain with bottle filler
mezzanine storage
covered exterior canopy
overhead door
manual transfer switch
tenant signage rights
24/7 warehouse and yard access

Building Details

Year Built 1981
Year Renovated 2024
Listing Agency: CHT Group Real Estate, LLC
Listed By: Jerri Childress · License #995716131
Source: Geauxsouthrealty
Added: Aug 19 Changed: Oct 31 Last Checked: Oct 31 at 2:18PM

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 CHT Group Real Estate, LLC

Rey
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Investment Insights

Based on property information with market context.

This 1981 flex property brings office and warehouse functions together, with 3,643 SF of office space and 1,020 SF of conditioned warehouse space. The office was renovated in 2024 with updates to HVAC, electrical, flooring, bathrooms, ceilings, and other interior finishes. Its layout includes eight private offices, open workspace, two conference areas, reception, a kitchen and breakroom, and three restrooms. Warehouse features include pneumatic piping, an overhead drop, mezzanine storage, a separate conditioned office, and an 8' x 7' overhead door connecting to the adjoining warehouse.

The property fronts Jefferson Highway in Baton Rouge. A dedicated 2,250 SF laydown yard measures 150' x 15', and 16 concrete parking spaces are included. Access to the warehouse and yard is available 24/7. Additional features include a covered exterior canopy, a 12' x 11'6" overhead door, access control, security cameras, and a 400A 120/240V manual transfer switch for a roll-up generator. Rural zoning applies; ownership retains use of adjoining warehouse and yard areas.

Key Highlights

  • 3,643 SF renovated office area with eight private offices and two conference rooms
  • 1,020 SF conditioned warehouse with pneumatic piping, mezzanine storage, and separate office
  • Dedicated 2,250 SF laydown yard measuring 150' x 15'

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,297
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,940 $605.9K
Cap Rate 7%
$432,814 $432.8K
Cap Rate 9%
$336,633 $336.6K
Market Conditions
NOI Build-Up for 4,663 SF
Gross rent
$47.6K $10.20/SF
− Vacancy
−$951 −$0.20/SF
EGI
$46.6K $10.00/SF
− OpEx
−$16.3K −$3.50/SF
NOI
$30.3K $6.50/SF
Area
Baton Rouge, LA
Vacancy
2.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,940
Cap Rate 7%
$432,814
Cap Rate 9%
$336,633

Alternative Uses

Best Use
Warehouse
$539.4K
$472.0K – $629.3K (±1% cap)
NOI $37,759 @ 7.0% cap · market cap 503.45%
Second Best
Industrial
$444.2K
$388.7K – $518.3K (±1% cap)
NOI $31,096 @ 7.0% cap · market cap 414.61%
Theoretical Best
Specialty Retail
$1.12M
$977.2K – $1.30M (±1% cap)
NOI $78,172 @ 7.0% cap · market cap 1,042.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

FedEx Drop Box Postal Service Doyle Electric, Inc. Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Restaurant Hair Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - The property combines a refreshed office suite with conditioned warehouse space and a dedicated outdoor storage area.
Where is this flex space located?
The property is located at 15035 JEFFERSON HWY Baton Rouge, LA.
What are key features of this property?
This property features: 3,643 SF renovated office area with eight private offices and two conference rooms; 1,020 SF conditioned warehouse with pneumatic piping, mezzanine storage, and separate office; Dedicated 2,250 SF laydown yard measuring 150' x 15'
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