2019 Government St, Baton Rouge, LA 70806
Office property on Government Street with easy access and rear parking for approximately 4 to 6 vehicles.
Property Features for 2019 Government St
General Information
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Investment Insights
Based on property information with market context.
The property’s frontage along Government Street provides visibility, with easy access for arriving traffic. Parking is available at the rear to help streamline day-to-day operations.
The building includes office units/spaces totaling 1,980 square feet, offering a compact footprint for professional use.
Key Highlights
- Office property on Government Street
- Easy access from Government Street
- Rear parking for approximately 4 to 6 vehicles
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.9k | $13.08 |
| − Vacancy | −$647 | −$0.33 |
| EGI | $25.3k | $12.75 |
| − OpEx | −$6.3k | −$3.19 |
| NOI | $18.9k | $9.56 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 70806, LA
Market
Vacancy Rate% for Office in South region