Medical Clinic at Signalized
3907 S Sherwood Forest Blvd, Baton Rouge, LA 70816
For Sale
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4,100 SF medical clinic positioned at a signalized entrance to the Lake Sherwood Subdivision.
Property Size4,100 SF
Price / SF$1.46
Days on Market139
Property Features for 3907 S Sherwood Forest Blvd
General Information
Standard status
Size
Class
Property subtype
Lease Term
Site & Location
Neighborhood
Building Details
Building Size
Listing Agency:
JRE Brokerage
Listed By:
Hank Henry · License LA SALE.995716302-ACT
(225) 753-3573
Source:
Gojre
Added: Jun 25
Changed: Nov 3
Last Checked: Nov 8 at 2:58AM
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 JRE Brokerage
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Investment Insights
Based on property information with market context.
This offering is a 4,100 SF medical clinic designed for healthcare use. The property is positioned along South Sherwood Forest Boulevard, with its main setting focused on easy in-and-out access for clinic visits.
The clinic sits at a signalized intersection at the entrance to the Lake Sherwood Subdivision. That location supports straightforward arrival for patients and staff and places the building directly along a primary boulevard corridor.
For prospective operators, the space is suited to an in-place medical clinic format, giving healthcare providers a ready setting for outpatient services. The property’s healthcare classification and prominent boulevard frontage at a controlled intersection make it a practical fit for buyers seeking an established clinic location.
The clinic sits at a signalized intersection at the entrance to the Lake Sherwood Subdivision. That location supports straightforward arrival for patients and staff and places the building directly along a primary boulevard corridor.
For prospective operators, the space is suited to an in-place medical clinic format, giving healthcare providers a ready setting for outpatient services. The property’s healthcare classification and prominent boulevard frontage at a controlled intersection make it a practical fit for buyers seeking an established clinic location.
Key Highlights
- 4,100 SF medical clinic
- Located along South Sherwood Forest Boulevard at a signalized intersection
- Positioned at the entrance to the Lake Sherwood Subdivision
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,468
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,360
$789.4K
Cap Rate 7%
$563,829
$563.8K
Cap Rate 9%
$438,533
$438.5K
Market Conditions
NOI Build-Up for 4,100 SF
Gross rent
$68.9K $16.80/SF
− Vacancy
−$3.1K −$0.76/SF
EGI
$65.8K $16.04/SF
− OpEx
−$26.3K −$6.42/SF
NOI
$39.5K $9.63/SF
Area
Baton Rouge, LA
Vacancy
4.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,360
Cap Rate 7%
$563,829
Cap Rate 9%
$438,533
Alternative Uses
Best Use
Healthcare Medical
$563.8K
$493.4K – $657.8K
NOI $39,468 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$981.9K
$859.2K – $1.15M
NOI $68,734 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,569
Businesses Nearby
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Business Placement
Demographics for 70816, LA
45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - 4,100 SF medical clinic positioned at a signalized entrance to the Lake Sherwood Subdivision.
Where is this medical center located?
The property is located at 3907 S Sherwood Forest Blvd Baton Rouge, LA.
What are key features of this property?
This property features: 4,100 SF medical clinic; Located along South Sherwood Forest Boulevard at a signalized intersection; Positioned at the entrance to the Lake Sherwood Subdivision
