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    Office Building Near Government Street Title is generated by Realmo AI

    3950-3978 North Blvd, Baton Rouge, LA

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    Office property for sale, close to major routes.

    Type:OFFICE
    Property size:
    1,598 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $120/SF
    Added:
    Nov 7, 2025
    Days on Market:
    223
    Last Refresh:
    May 20 at 9:20 pm

    Property Features for 3950-3978 North Blvd

    General Information

    Standard status
    Active
    Size
    1,598 SF
    Lot size
    0.26 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Lindsay M Redhead
    Lindsay M Redhead

    Listing agent Lindsay M Redhead License #0995702768

    Listing office Elifin Realty

    Listing date Nov 7, 2025

    Source Moodyscre

    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 Elifin Realty

    HighLights

    • Income generating property
    • Close proximity to I‑110 and I‑10 (±6 minutes)
    • Conveniently located ±1 minute from Government St corridor
    • Easy access to amenities
    • Desirable location
    • High traffic area

    Overview

    This income-generating office property is located approximately one minute from the Government Street corridor and its amenities, and approximately six minutes from both I-110 and I-10. The property offers 1598 square feet of office space.

    Local 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 $20.9k $13.08
    − Vacancy −$523 −$0.33
    EGI $20.4k $12.75
    − OpEx −$5.1k −$3.19
    NOI $15.3k $9.56
    1,598 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $218.3K
    $191.1K – $254.7K (±1% cap)
    NOI $15,284 @ 7.0% cap · market cap 7.97%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $382.7K
    $334.9K – $446.5K (±1% cap)
    NOI $26,789 @ 7.0% cap · market cap 13.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1494
    Latitude
    30.4482

    FAQs

    What type of property is this?
    Office units - Office property for sale, close to major routes.
    Where is this office units located?
    The property is located at 3950-3978 North Blvd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $191,760.
    What are key features of this property?
    This property features: Income generating property; Close proximity to I‑110 and I‑10 (±6 minutes); Conveniently located ±1 minute from Government St corridor
    (225) 938-3148 Call to check price and availability
    More about this property
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