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Downtown Baton Rouge Office Building
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501 Louisiana Ave, Baton Rouge, LA

Freestanding ±10,000 SF office building in historic Beauregard Town.

Property Size10,000 SF
Lot Size0.43 Acres
Price / SF$155
Days on Market270

Property Features for 501 Louisiana Ave

General Information

Standard status Active
Size 10,000 SF
Lot size 0.43 Acres
Property subtype OFFICE
Listing Agency: Elifin Realty
Listed By: Fabian Edwards
Source: Moodyscre
Added: Nov 7, 2025 Changed: Jul 6 Last Checked: Aug 3 at 6:12AM

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.

Located in the heart of historic Beauregard Town in Downtown Baton Rouge, 501 Louisiana Ave is a freestanding office building offering approximately 10,000 square feet of space. The building is situated on a corner lot. The first floor features a reception area, nine private offices, ten workstations, two conference rooms, a kitchen/breakroom, two copy rooms, four restrooms, an IT/storage room, and a private courtyard. The second floor includes nine additional offices, file storage areas, and two restrooms.

Key Highlights

  • ±10,000 SF freestanding office building in Downtown Baton Rouge.
  • Located on a corner lot in historic Beauregard Town.
  • First floor includes reception area, nine private offices, ten workstations, and two conference rooms.

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 $130.8k $13.08
− Vacancy −$3.3k −$0.33
EGI $127.5k $12.75
− OpEx −$31.9k −$3.19
NOI $95.6k $9.56
10,000 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.37M
$1.20M – $1.59M (±1% cap)
NOI $95,648 @ 7.0% cap · market cap 6.17%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$2.39M
$2.10M – $2.79M (±1% cap)
NOI $167,644 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Schutte Terhoeve Richardson ... Law Firm Erik E. Kjeldsen, ... Law Firm Schutte Charles A Law Firm Kjeldsen Law Law Firm

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Auto Parts Store Pharmacy Locksmith Home Appliance Store

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

Location Intelligence

Trade Area within ½ mile

2,632
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding ±10,000 SF office building in historic Beauregard Town.
Where is this office building located?
The property is located at 501 Louisiana Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: ±10,000 SF freestanding office building in Downtown Baton Rouge.; Located on a corner lot in historic Beauregard Town.; First floor includes reception area, nine private offices, ten workstations, and two conference rooms.
(985) 974-8301 Call to check price and availability
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