Ground-Level Retail
2834 Highland Rd Baton Rouge, LA 70802
2834 Highland Rd, Baton Rouge, LA, 70802
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For Sale
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Ground-level multi-tenant retail outlet on a 1-acre lot with three long-term tenants.
Property Size7,800 SF
Lot Size1.00 Acre
Price / SF$217.95
Days on Market216
Property Features for 2834 Highland Rd
General Information
- Standard status
- Active
- Size
- 7,800 SF
- Lot size
- 1.00 Acre
- Property subtype
- RETAIL
Listing agency
Castro Real Estate Services, LLC
(225) 936-7643
Listed by
Miguel A Castro, Jr
(225) 936-7643
Source
Moodyscre
Added: Dec 18, 2025 Updated: Jul 21 at 12:29PM Checked: Jul 21 at 12:29PM
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 Castro Real Estate Services, LLC
Investment Insights
Based on property information with market context.
2834 Highland Rd is a ground-level retail outlet on a 1-acre commercial lot. The property totals 7,800 square feet and operates as a multi-tenant center, with three tenants in place.
The site is located in Old South Baton Rouge and is described as serving the local community and the nearby LSU area. The property is surrounded by major shops, educational sites, and a large public park.
For prospective investors, the key on-site takeaway is the existing tenant lineup and the retail configuration within a single, ground-level commercial parcel.
The site is located in Old South Baton Rouge and is described as serving the local community and the nearby LSU area. The property is surrounded by major shops, educational sites, and a large public park.
For prospective investors, the key on-site takeaway is the existing tenant lineup and the retail configuration within a single, ground-level commercial parcel.
Key Highlights
- Ground‑level multi‑tenant retail outlet on a 1‑acre commercial lot in Old South Baton Rouge
- Three tenants in place, each described as long‑term, providing ongoing income
- Location serves the local community and the nearby LSU area
Local Financial Insights For Retail
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 | $175.0k | $22.44 |
| − Vacancy | −$683 | −$0.09 |
| EGI | $174.3k | $22.35 |
| − OpEx | −$52.3k | −$6.71 |
| NOI | $122.0k | $15.65 |
7,800 SF · lease $22.44/SF/yr · vacancy 0.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.74M
$1.53M – $2.03M
NOI $122,045 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.87M
$1.63M – $2.18M
NOI $130,762 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
star beauty supply
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Ground-level multi-tenant retail outlet on a 1-acre lot with three long-term tenants.
Where is this retail space located?
The property is located at 2834 Highland Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Ground‑level multi‑tenant retail outlet on a 1‑acre commercial lot in Old South Baton Rouge; Three tenants in place, each described as long‑term, providing ongoing income; Location serves the local community and the nearby LSU area
