Standalone Office
For Sale
$375,000
3060 Teddy Dr, Baton Rouge, LA 70809
C2-zoned commercial property with a two-suite configuration near the I-12 and Airline Hwy interchange.
Property Size2,300 SF
Price / SF$163.04
Days on Market228
Property Features for 3060 Teddy Dr
General Information
Standard status
Active
Size
2,300 SF
Property subtype
Office
Zoning
C2
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Building Size
2,300 SF
Listing Agency:
Kurz & Hebert
Listed By:
Judah Vedros · License #995701739
(225) 925-0600
Source:
Lacdb.resimplifi
Added: Mar 3
Changed: Oct 13
Last Checked: Oct 16 at 5:48AM
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 Kurz & Hebert
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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 standalone office property at 3060 Teddy Dr contains approximately 2,300 SF and is configured as a former duplex office building. The layout may be reworked into two suites, providing separate office areas within the existing structure.
The property is situated just off Interline Ave near the I-12 and Airline Hwy interchange in Baton Rouge. C2 zoning is in place. A neighboring property at 3070 Teddy Dr is also offered for sale, creating an additional fact for buyers evaluating the immediate area.
The property is situated just off Interline Ave near the I-12 and Airline Hwy interchange in Baton Rouge. C2 zoning is in place. A neighboring property at 3070 Teddy Dr is also offered for sale, creating an additional fact for buyers evaluating the immediate area.
Key Highlights
- Approximately 2,300 SF of office space
- Former duplex office configuration with two potential suites
- Standalone office building at 3060 Teddy Dr
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,999
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,980
$440.0K
Cap Rate 7%
$314,271
$314.3K
Cap Rate 9%
$244,433
$244.4K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$30.1K $13.08/SF
− Vacancy
−$752 −$0.33/SF
EGI
$29.3K $12.75/SF
− OpEx
−$7.3K −$3.19/SF
NOI
$22.0K $9.56/SF
Area
Baton Rouge, LA
Vacancy
2.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,980
Cap Rate 7%
$314,271
Cap Rate 9%
$244,433
Alternative Uses
Best Use
Office B
$314.3K
$275.0K – $366.7K
NOI $21,999 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$550.8K
$482.0K – $642.6K
NOI $38,558 @ 7.0% cap · market cap 10.28%
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,181
Businesses Nearby
Explore this area
Business Placement
Demographics for 70809, LA
25,302
Population
13,872
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
97%
High-School Grad
14.4 sq mi
ZIP Area
1,757
Density / Sq Mi
$81,310
Median Household Income
$55,827
Median Earnings
$1,336
Median Rent
$305,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - C2-zoned commercial property with a two-suite configuration near the I-12 and Airline Hwy interchange.
Where is this office building located?
The property is located at 3060 Teddy Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 2,300 SF of office space; Former duplex office configuration with two potential suites; Standalone office building at 3060 Teddy Dr
