C1-Zoned Storefront
For Sale
$350,000
2836 Government St, Baton Rouge, LA 70806
Commercial building along Government Street in Baton Rouge’s Mid-City corridor.
Property Size2,000 SF
Price / SF$175
Days on Market117
Property Features for 2836 Government St
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Retail
Zoning
C1
Listing Agency:
Maestri-Murrell Inc
Listed By:
Drew Gonzales
(337) 591-6411
Source:
Lacdb.resimplifi
Added: Jun 22
Changed: Oct 4
Last Checked: Oct 16 at 5:37AM
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 Maestri-Murrell Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property includes a 2,000-square-foot commercial building at 2836 Government Street in Baton Rouge. The site is located within the city’s Mid-City corridor and carries C1 zoning, providing a defined commercial land-use designation.
The property’s Government Street address places the building within an established Baton Rouge corridor. Its storefront configuration and commercial zoning provide a straightforward basis for evaluating retail or other uses permitted under the applicable designation.
The property’s Government Street address places the building within an established Baton Rouge corridor. Its storefront configuration and commercial zoning provide a straightforward basis for evaluating retail or other uses permitted under the applicable designation.
Key Highlights
- 2,000‑square‑foot commercial building
- C1 zoning
- Located at 2836 Government Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,293
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,860
$625.9K
Cap Rate 7%
$447,043
$447.0K
Cap Rate 9%
$347,700
$347.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$44.9K $22.44/SF
− Vacancy
−$175 −$0.09/SF
EGI
$44.7K $22.35/SF
− OpEx
−$13.4K −$6.71/SF
NOI
$31.3K $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%
$625,860
Cap Rate 7%
$447,043
Cap Rate 9%
$347,700
Alternative Uses
Best Use
Retail
$447.0K
$391.2K – $521.6K
NOI $31,293 @ 7.0% cap · market cap 8.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$479.0K
$419.1K – $558.8K
NOI $33,529 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 40%
Electronics 3%
Family Dollar
Shops & Services
12,803 visits/mo
0.3 miles
Circle K
Shops & Services
10,572 visits/mo
0.5 miles
French Truck Coffee
Dining
8,877 visits/mo
0.1 miles
Domino's Pizza
Dining
5,137 visits/mo
0.1 miles
Pizza Hut
Dining
4,505 visits/mo
0.1 miles
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
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- The Original Heromans — 2291 Government St, Baton Rouge, LA 70806
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building along Government Street in Baton Rouge’s Mid-City corridor.
Where is this storefront property located?
The property is located at 2836 Government St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,000‑square‑foot commercial building; C1 zoning; Located at 2836 Government Street
