Renovated Freestanding Office
3909 Plaza Tower Dr Baton Rouge, LA 70816
For Sale
$1,250,000
Freestanding office building offering renovated interior updates, including fresh paint, new carpet, and updated landscaping.
Property Size9,688 SF
Price / SF$129.03
Days on Market37
Property Features for 3909 Plaza Tower Dr
General Information
- Standard status
- Active
- Size
- 9,688 SF
- Property subtype
- Office
Listing Agency:
(225) 938-3148
Listed By:
Lindsay Redhead, MBA
(225) 938-3148
Source:
Elifinrealty
Added: Jun 17
Changed: Jul 22
Last Checked: Jul 23 at 4:45AM
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 Lindsay Redhead, MBA
Investment Insights
Based on property information with market context.
3909 Plaza Tower Dr is a freestanding office building with 1,968 square feet. The property has been thoughtfully renovated and maintained, with recent improvements including fresh interior and exterior paint, newly installed carpet, and new landscaping.
The building is located just off S Sherwood Forest Blvd in Baton Rouge, providing straightforward access to the surrounding commercial area.
This updated office property is presented for sale and is positioned for an owner-user or investor seeking a maintained, move-in ready office setting.
The building is located just off S Sherwood Forest Blvd in Baton Rouge, providing straightforward access to the surrounding commercial area.
This updated office property is presented for sale and is positioned for an owner-user or investor seeking a maintained, move-in ready office setting.
Key Highlights
- ±6,688 SF freestanding office building for sale
- Renovated and meticulously maintained with recent interior and exterior paint
- Newly installed carpet
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 | $126.7k | $13.08 |
| − Vacancy | −$3.2k | −$0.33 |
| EGI | $123.6k | $12.75 |
| − OpEx | −$30.9k | −$3.19 |
| NOI | $92.7k | $9.56 |
9,688 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.32M
$1.16M – $1.54M
NOI $92,663 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.32M
$2.03M – $2.71M
NOI $162,413 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cave Donald G
Law Firm
Ungarino & Maldonado, LLC
Law Firm
Cave Law Firm ...
Law Firm
Law Office Of Michael ...
Law Firm
Coastal Care Services
Home Health Care Service
FAQs
What type of property is this?
Office building - Freestanding office building offering renovated interior updates, including fresh paint, new carpet, and updated landscaping.
Where is this office building located?
The property is located at 3909 Plaza Tower Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: ±6,688 SF freestanding office building for sale; Renovated and meticulously maintained with recent interior and exterior paint; Newly installed carpet
