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Mixed-Use Office Building with Parking
For Sale
$1,650,000

4757 O'Neal Ln, Baton Rouge, LA 70817

Well-maintained office building with multiple conference rooms, 21 offices, and a secure gated parking lot.

Property Size13,867 SF
Lot Size2.52 Acres
Price / SF$118.99
Days on Market117

Property Features for 4757 O'Neal Ln

General Information

Standard status Active
Size 13,867 SF
Total Parking Spaces 40
Lot size 2.52 Acres
Property subtype Office
Zoning MX-3

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 21

Amenities

Power
Water
Sewer
40 Parking Spaces

Building Details

Year Built 2007
Listing Agency: Colliers
Listed By: Chris Abadie
Source: Lacdb.resimplifi
Added: Jun 22 Changed: Oct 12 Last Checked: Oct 14 at 7:46PM

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 Colliers

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Investment Insights

Based on property information with market context.

4757 O’Neal Lane is a well-maintained office building built in 2007, offering a functional interior layout with approximately 21 offices, multiple conference rooms, reception areas, and flexible workspace configurations. Recent capital improvements include an updated HVAC system.

The property sits on 2.52 acres with 66 surface parking spaces, including 4 accessible spaces, and includes a secure gated lot. Direct access to I-12 is available from O’Neal Lane.

Zoned MX-3 (Mixed Use), the building provides flexibility for an owner-user or an investor looking to occupy, lease, or reposition the asset while maintaining immediate office use.

Key Highlights

  • 13,867 SF office building built in 2007 with a layout including approximately 21 offices
  • Multiple conference rooms, reception areas, and flexible workspace configurations for office, service, or potential medical conversion
  • Located on 2.52 acres with 66 surface parking spaces, including 4 accessible, plus a secure gated lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$132,634
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,652,680 $2.7M
Cap Rate 7%
$1,894,771 $1.9M
Cap Rate 9%
$1,473,711 $1.5M
Market Conditions
NOI Build-Up for 13,867 SF
Gross rent
$181.4K $13.08/SF
− Vacancy
−$4.5K −$0.33/SF
EGI
$176.8K $12.75/SF
− OpEx
−$44.2K −$3.19/SF
NOI
$132.6K $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%
$2,652,680
Cap Rate 7%
$1,894,771
Cap Rate 9%
$1,473,711

Alternative Uses

Best Use
Office B
$1.89M
$1.66M – $2.21M (±1% cap)
NOI $132,634 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.32M
$2.91M – $3.87M (±1% cap)
NOI $232,471 @ 7.0% cap · market cap 14.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Spa & Massage Center Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 70817, LA

35,025
Population
14,106
Households
2.5
Avg Household Size
40
Median Age
50%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
1,379
Density / Sq Mi
$102,878
Median Household Income
$58,613
Median Earnings
$1,363
Median Rent
$288,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office building with multiple conference rooms, 21 offices, and a secure gated parking lot.
Where is this office building located?
The property is located at 4757 O'Neal Ln Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 13,867 SF office building built in 2007 with a layout including approximately 21 offices; Multiple conference rooms, reception areas, and flexible workspace configurations for office, service, or potential medical conversion; Located on 2.52 acres with 66 surface parking spaces, including 4 accessible, plus a secure gated lot
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