Office Units with Private
3939 S SHERWOOD FOREST BLVD, Baton Rouge, LA 70816
For Sale
Contact for pricing
Private offices provide a defined layout for day-to-day business use.
Property Size1,210 SF
Price / SF$1.16
Days on Market92
Property Features for 3939 S SHERWOOD FOREST BLVD
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
United Properties of Louisiana
(225) 615-8055
Listed By:
Jarrod Brown · License LA #995715419
(225) 305-5933
Source:
Geauxsouthrealty
Added: Aug 11
Changed: Nov 9
Last Checked: Nov 9 at 8:02AM
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 United Properties of Louisiana
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Investment Insights
Based on property information with market context.
This office property contains private offices within 1,210 square feet. The building dates to 1985 and is located at 3939 S Sherwood Forest Blvd in Baton Rouge.
Key Highlights
- 1,210 square feet of office space
- Private offices within the workspace
- Built in 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,573
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,460
$231.5K
Cap Rate 7%
$165,329
$165.3K
Cap Rate 9%
$128,589
$128.6K
Market Conditions
NOI Build-Up for 1,210 SF
Gross rent
$15.8K $13.08/SF
− Vacancy
−$396 −$0.33/SF
EGI
$15.4K $12.75/SF
− OpEx
−$3.9K −$3.19/SF
NOI
$11.6K $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%
$231,460
Cap Rate 7%
$165,329
Cap Rate 9%
$128,589
Alternative Uses
Best Use
Office B
$165.3K
$144.7K – $192.9K
NOI $11,573 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$289.8K
$253.6K – $338.1K
NOI $20,285 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
$232,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Baton Rouge, LA
Properties on Market for Office Units in Baton Rouge
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Private offices provide a defined layout for day-to-day business use.
Where is this office unit located?
The property is located at 3939 S SHERWOOD FOREST BLVD Baton Rouge, LA.
What are key features of this property?
This property features: 1,210 square feet of office space; Private offices within the workspace; Built in 1985
