Standalone Retail
For Sale
Contact for pricing
4830 Government St, Baton Rouge, LA 70806
Standalone retail building with a functional layout positioned directly next to an Albertsons.
Property Size3,612 SF
Price / SF$180
Days on Market66
Property Features for 4830 Government St
General Information
Standard status
Active
Size
3,612 SF
Property subtype
RETAIL
Listing Agency:
Lee & Associates | Baton Rouge
(225) 241-8616
Listed By:
Evan P Scroggs · License #995712516 (LA)
(225) 241-8616
Source:
Moodyscre
Added: May 26
Changed: Jul 26
Last Checked: Jul 30 at 1:32PM
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 Lee & Associates | Baton Rouge
Investment Insights
Based on property information with market context.
This standalone retail building offers a functional layout suitable for retail or service-oriented users. The property is sized at approximately 3,612 square feet and is presented for sale.
The building is located directly next to Albertsons in a walkable, revitalized Mid City area, with Downtown Baton Rouge about three miles away.
The current configuration supports flexible everyday use for storefront operations seeking a standalone setup in a retail-adjacent position.
The building is located directly next to Albertsons in a walkable, revitalized Mid City area, with Downtown Baton Rouge about three miles away.
The current configuration supports flexible everyday use for storefront operations seeking a standalone setup in a retail-adjacent position.
Key Highlights
- ±3,612 SF standalone retail building
- Functional layout suitable for retail or service‑oriented users
- Located directly next to Albertsons
Financial Insights For Retail
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 | $81.1k | $22.44 |
| − Vacancy | −$316 | −$0.09 |
| EGI | $80.7k | $22.35 |
| − OpEx | −$24.2k | −$6.71 |
| NOI | $56.5k | $15.65 |
3,612 SF · lease $22.44/SF/yr · vacancy 0.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$807.4K
$706.5K – $941.9K
NOI $56,516 @ 7.0% cap · market cap 8.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$865.0K
$756.9K – $1.01M
NOI $60,553 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,356
Businesses Nearby
211k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 33%
Groceries 18%
Albertsons
Groceries
38,109 visits/mo
0.1 miles
RaceTrac
Shops & Services
23,777 visits/mo
0.4 miles
McDonald's
Dining
22,235 visits/mo
0.4 miles
Circle K
Shops & Services
21,371 visits/mo
0.1 miles
Raising Cane's Chicken Fingers
Dining
19,434 visits/mo
0.1 miles
Demographics for 70806, LA
27,898
Population
14,972
Households
1.9
Avg Household Size
37
Median Age
40%
College-Educated
90%
High-School Grad
8.9 sq mi
ZIP Area
3,135
Density / Sq Mi
$53,430
Median Household Income
$41,894
Median Earnings
$1,014
Median Rent
$321,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Standalone retail building with a functional layout positioned directly next to an Albertsons.
Where is this storefront property located?
The property is located at 4830 Government St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $650,160.
What are key features of this property?
This property features: ±3,612 SF standalone retail building; Functional layout suitable for retail or service‑oriented users; Located directly next to Albertsons
