Office Building Near Government
For Sale
Contact for pricing
3950 North Blvd, Baton Rouge, LA
Office property for sale, close to major routes.
Property Size1,598 SF
Lot Size0.26 Acres
Price / SF$120
Days on Market271
Property Features for 3950 North Blvd
General Information
Standard status
Active
Size
1,598 SF
Lot size
0.26 Acres
Property subtype
OFFICE
Listing Agency:
Elifin Realty
(225) 938-3148
Listed By:
Lindsay M Redhead · License #0995702768
(225) 938-3148
Source:
Moodyscre
Added: Nov 7, 2025
Changed: Jul 10
Last Checked: Aug 3 at 5:56AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Income generating property
- Close proximity to I‑110 and I‑10 (±6 minutes)
- Conveniently located ±1 minute from Government St corridor
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
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
NOI $26,789 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,501
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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 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
