Free Standing Office
4329 North Blvd, Baton Rouge, LA 70806
Well-maintained office building with parking and recent renovations.
Type:Office
Property size:
957 SFPrice / SF:
$124/SF- Added:
- Sep 30, 2024
- Days on Market:
- 611
- Last Refresh:
- May 12 at 8:33 pm
Property Features for 4329 North Blvd
General Information
- Standard status
- Active
- Size
- 957 SF
- Property subtype
- Office
Building Details
- Year Built
- 1950
Listing agent Cade Bogan License #0995693088
Listing office Beau Box Commercial Real Estate Baton Rouge
Listing date Sep 30, 2024
Source Crexi
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 Beau Box Commercial Real Estate Baton Rouge
HighLights
- Well‑maintained free‑standing office building.
- Recent upgrades: Roof replaced in 2018, new central AC installed in 2021.
- Convenient location on North Blvd between S. Foster Dr. and S. Acadian Thruway.
- Includes approximately 6 parking spots with attached and detached covered parking.
- Features a private office, bullpen area, bathroom, and kitchen/break room.
- Extensively renovated in 2009.
Overview
The property at 4329 North Blvd is a free-standing office building situated on North Blvd, between S. Foster Dr. and S. Acadian Thruway. This well-maintained building features approximately 6 parking spots, including attached and detached covered parking in the rear. The interior layout includes 1 private office, a bullpen area, 1 bathroom, and a kitchen/break room. The building was extensively renovated in 2009, and the roof was replaced in 2018. A Rheem 3-ton central AC unit was installed in 2021. The property has a size of 957 square feet.
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 | $12.5k | $13.08 |
| − Vacancy | −$313 | −$0.33 |
| EGI | $12.2k | $12.75 |
| − OpEx | −$3.1k | −$3.19 |
| NOI | $9.2k | $9.56 |
957 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$130.8K
$114.4K – $152.6K
NOI $9,153 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$229.2K
$200.5K – $267.4K
NOI $16,043 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Personal Credit Plan
Loan Service
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.1450516
- Latitude
- 30.4486958
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Well-maintained office building with parking and recent renovations.
Where is this office building located?
The property is located at 4329 North Blvd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $119,500.
What are key features of this property?
This property features: Well‑maintained free‑standing office building.; Recent upgrades: Roof replaced in 2018, new central AC installed in 2021.; Convenient location on North Blvd between S. Foster Dr. and S. Acadian Thruway.
