Office Units with Monument
For Sale
Contact for pricing
4137 S Sherwood Forest Blvd, Baton Rouge, LA 70816
Individual suites offer private offices, reception space, and dedicated work areas.
Property Size9,550 SF
Price / SF$0.01
Days on Market140
Property Features for 4137 S Sherwood Forest Blvd
General Information
Standard status
Active
Size
9,550 SF
Class
B
Property subtype
Office
Lease Term
$10 - 13 SF/yr (MG)
Building Details
Building Size
9,550 SF
Properties For Sale
at 4137 S Sherwood Forest Blvd Contact usSuite 110
Size
1,075 SF
Term
Negotiable
Suite 130
Size
1,075 SF
Term
Negotiable
Suite 230
Size
1,075 SF
Term
Negotiable
Suite 240
Size
1,075 SF
Term
Negotiable
Listed By:
Lindsay Redhead, MBA
(225) 938-3148
Source:
Elifinrealty
Added: Jun 2
Changed: Oct 5
Last Checked: Oct 19 at 3:51AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The office units at 4137 S Sherwood Forest Blvd provide approximately 1,075 square feet per suite. Each unit is arranged with three offices, a reception area, and a work area, creating a defined layout for professional office operations.
The property includes highly visible monument signage, adding an identifiable presence along S Sherwood Forest Blvd. A Modified Gross lease structure is identified for the suites.
The property includes highly visible monument signage, adding an identifiable presence along S Sherwood Forest Blvd. A Modified Gross lease structure is identified for the suites.
Key Highlights
- Approximately 1,075 SF per office suite
- Each suite includes 3 offices, a reception area, and a work area
- Highly visible monument signage at 4137 S Sherwood Forest Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,282
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,640
$205.6K
Cap Rate 7%
$146,886
$146.9K
Cap Rate 9%
$114,244
$114.2K
Market Conditions
NOI Build-Up for 1,075 SF
Gross rent
$14.1K $13.08/SF
− Vacancy
−$352 −$0.33/SF
EGI
$13.7K $12.75/SF
− OpEx
−$3.4K −$3.19/SF
NOI
$10.3K $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%
$205,640
Cap Rate 7%
$146,886
Cap Rate 9%
$114,244
Alternative Uses
Best Use
Office B
$146.9K
$128.5K – $171.4K
NOI $10,282 @ 7.0% cap · market cap 102,820.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$257.5K
$225.3K – $300.4K
NOI $18,022 @ 7.0% cap · market cap 180,220.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,496
Businesses Nearby
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
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Individual suites offer private offices, reception space, and dedicated work areas.
Where is this office unit located?
The property is located at 4137 S Sherwood Forest Blvd Baton Rouge, LA.
What are key features of this property?
This property features: Approximately 1,075 SF per office suite; Each suite includes 3 offices, a reception area, and a work area; Highly visible monument signage at 4137 S Sherwood Forest Blvd
