Leased Office-Warehouse Flex
3915 O'Neal Ln, Baton Rouge, LA 70816
For Sale
$696,000
Fully leased office-warehouse with multiple offices, restrooms, four overhead doors, and a fenced yard.
Property Size6,000 SF
Lot Size0.50 Acres
Price / SF$116
Days on Market143
Property Features for 3915 O'Neal Ln
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Fenced Yard
Warehouse & Industrial
Clear Height
Drive-In Doors
Building Details
Building Size
Listing Agency:
Saurage Rotenberg Commercial Real Estate
Listed By:
Brian Nicolich · License LA #995695629
(225) 229-4371
Source:
Sauragerotenberg
Added: Jun 24
Changed: Nov 13
Last Checked: Nov 12 at 6:52AM
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 Saurage Rotenberg Commercial Real Estate
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Investment Insights
Based on property information with market context.
This fully leased office-warehouse flex facility includes two integrated office areas and warehouse space. The configuration features four offices and four restrooms, supported by four overhead doors for practical loading access. The space offers 16' clear height and 10 parking spaces, and it includes a large, 1/2-acre fenced yard that can support day-to-day staging needs.
The property is offered for sale as a single asset and is currently occupied, with leasing structure that provides remaining terms in place for Suite A (two years remaining) and Suite B (three years remaining). The building and site are designed to function as a combined work-and-storage operation, with the yard enhancing usability beyond the enclosed area.
For tenants, the layout supports light industrial or distribution use alongside office functions, with multiple offices and restrooms already in place. For buyers, the property is presented as an income-producing office-warehouse investment with an in-place tenant arrangement and dedicated loading and yard space for continued operational use.
The property is offered for sale as a single asset and is currently occupied, with leasing structure that provides remaining terms in place for Suite A (two years remaining) and Suite B (three years remaining). The building and site are designed to function as a combined work-and-storage operation, with the yard enhancing usability beyond the enclosed area.
For tenants, the layout supports light industrial or distribution use alongside office functions, with multiple offices and restrooms already in place. For buyers, the property is presented as an income-producing office-warehouse investment with an in-place tenant arrangement and dedicated loading and yard space for continued operational use.
Key Highlights
- Fully leased 6,000 SF office/warehouse with Suite A (2 years remaining) and Suite B (3 years remaining)
- Layout includes four offices and four restrooms across the building
- 16' clear height and four overhead doors for office/warehouse functionality
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,586
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,720
$971.7K
Cap Rate 7%
$694,086
$694.1K
Cap Rate 9%
$539,844
$539.8K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$58.3K $9.72/SF
− Vacancy
−$1.2K −$0.19/SF
EGI
$57.2K $9.53/SF
− OpEx
−$8.6K −$1.43/SF
NOI
$48.6K $8.10/SF
Area
Baton Rouge, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,720
Cap Rate 7%
$694,086
Cap Rate 9%
$539,844
Alternative Uses
Best Use
Warehouse
$694.1K
$607.3K – $809.8K
NOI $48,586 @ 7.0% cap · market cap 6.98%
Second Best
Industrial
$571.6K
$500.2K – $666.9K
NOI $40,012 @ 7.0% cap · market cap 5.75%
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,586 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Current Use
Lease Details
16 ft
Clear height
4
Drive-in doors
100%
Occupancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
$232,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Baton Rouge, LA
Properties on Market for Flex space in Baton Rouge
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Togo's Concessions — Baton Rouge, LA 70816
Frequently Asked Questions
What type of property is this?
Flex space - Fully leased office-warehouse with multiple offices, restrooms, four overhead doors, and a fenced yard.
Where is this flex space located?
The property is located at 3915 O'Neal Ln Baton Rouge, LA.
What is the asking price?
The asking price for this property is $696,000.
What are key features of this property?
This property features: Fully leased 6,000 SF office/warehouse with Suite A (2 years remaining) and Suite B (3 years remaining); Layout includes four offices and four restrooms across the building; 16' clear height and four overhead doors for office/warehouse functionality
