Mixed-Use Showroom and
For Sale
$2,792,500
1655 Lobdell Ave, Baton Rouge, LA 70806
C1-zoned space combines customer-facing display and office areas with dedicated warehouse capacity.
Property Size14,940 SF
Price / SF$186.91
Days on Market18
Property Features for 1655 Lobdell Ave
General Information
Standard status
Active
Size
14,940 SF
Property subtype
Retail
Zoning
C1
Site & Location
Neighborhood
Tara
Mixed-Use Components
retail, office, warehouse
Warehouse & Industrial
Warehouse Space
7,620 SF
Office Build-Out
7,320 SF
Additional Details
Tenant in Place
Yes
Property Use
Showroom, Office, Warehouse
Building Details
Building Size
14,940 SF
Listing Agency:
Momentum Commercial Real Estate
Listed By:
Paul Ellis · License #74832
(225) 317-3200
Source:
Lacdb.resimplifi
Added: Oct 12
Changed: Oct 26
Last Checked: Oct 28 at 4:38AM
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 Momentum Commercial Real Estate
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.
At 1655 Lobdell Avenue, the property brings together approximately 7,320 SF of showroom and office space with 7,620 SF of warehouse area, for approximately 14,940 SF in total. Its mixed-use configuration pairs space for display and office functions with substantial warehouse area. The building was designed by A. Hays Town.
The property is in Baton Rouge, a short distance from Town Center at Cedar Lodge, Jefferson Highway, and Corporate Boulevard. C1 zoning is reported for the site. Tenant occupancy is in place; showings require advance coordination through the broker.
The property is in Baton Rouge, a short distance from Town Center at Cedar Lodge, Jefferson Highway, and Corporate Boulevard. C1 zoning is reported for the site. Tenant occupancy is in place; showings require advance coordination through the broker.
Key Highlights
- Approximately 14,940 SF total
- Approximately 7,320 SF of showroom and office space
- Approximately 7,620 SF of warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$233,762
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,675,240
$4.7M
Cap Rate 7%
$3,339,457
$3.3M
Cap Rate 9%
$2,597,356
$2.6M
Market Conditions
NOI Build-Up for 14,940 SF
Gross rent
$335.3K $22.44/SF
− Vacancy
−$1.3K −$0.09/SF
EGI
$333.9K $22.35/SF
− OpEx
−$100.2K −$6.71/SF
NOI
$233.8K $15.65/SF
Area
Baton Rouge, LA
Vacancy
0.39%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,675,240
Cap Rate 7%
$3,339,457
Cap Rate 9%
$2,597,356
Alternative Uses
Best Use
Retail
$3.34M
$2.92M – $3.90M
NOI $233,762 @ 7.0% cap · market cap 8.37%
Second Best
Mixed Use
$2.00M
$1.75M – $2.33M
NOI $139,838 @ 7.0% cap · market cap 5.01%
Theoretical Best
Specialty Retail
$3.58M
$3.13M – $4.17M
NOI $250,460 @ 7.0% cap · market cap 8.97%
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
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 70806, LA
27,898
Population
14,972
Households
1.9
Avg Household Size
37
Median Age
40%
College-Educated
90%
High-School Grad
8.9 sq mi
ZIP Area
3,135
Density / Sq Mi
$53,430
Median Household Income
$41,894
Median Earnings
$1,014
Median Rent
$321,400
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - C1-zoned space combines customer-facing display and office areas with dedicated warehouse capacity.
Where is this mixed-use property located?
The property is located at 1655 Lobdell Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,792,500.
What are key features of this property?
This property features: Approximately 14,940 SF total; Approximately 7,320 SF of showroom and office space; Approximately 7,620 SF of warehouse space
