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Office Building with Rear Parking
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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 Size1,980 SF
Price / SF$113.64
Days on Market231

Property Features for 2019 Government St

General Information

Standard status Active
Size 1,980 SF
Total Parking Spaces 6
Property subtype OFFICE
Listing Agency: KW Commercial Baton Rouge
Listed By: David A Vercher · License #0000070595
Source: Moodyscre
Added: Dec 17, 2025 Changed: Jul 28 Last Checked: Aug 4 at 8:11AM

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 KW Commercial Baton Rouge

Investment Insights

Based on property information with market context.

This office property is located on Government Street and is configured to provide straightforward access for customers and staff. The rear parking area can accommodate approximately 4 to 6 vehicles, supporting convenient on-site loading and short-term parking needs.

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
1,980 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$270.5K
$236.7K – $315.6K (±1% cap)
NOI $18,938 @ 7.0% cap · market cap 8.42%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$474.2K
$414.9K – $553.2K (±1% cap)
NOI $33,193 @ 7.0% cap · market cap 14.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Venkataraman Vijay Law Firm Steadfast Foundation Charitable Organization

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Florist Acupuncture Parking Lot & Garage Wine and Liquor 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.

Location Intelligence

Trade Area within ½ mile

1,356
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office property on Government Street with easy access and rear parking for approximately 4 to 6 vehicles.
Where is this office units located?
The property is located at 2019 Government St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Office property on Government Street; Easy access from Government Street; Rear parking for approximately 4 to 6 vehicles
(225) 405-3257 Call to check price and availability
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