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Two-Story Office Building For Sale
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533 Europe St, Baton Rouge, LA 70802

Two-story office building with parking and owner-financing available.

Property Size2,300 SF
Price / SF$1.74
Days on Market400

Property Features for 533 Europe St

General Information

Standard status Active
Size 2,300 SF
Property subtype Office
Lease Type Modified Gross

Amenities

Vacant
Listing Agency: Maestri-Murrell Inc
Listed By: Drew Gonzales
Source: Lacdb.resimplifi
Added: Sep 15, 2025 Changed: Oct 12 Last Checked: Oct 19 at 3:28AM

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 Maestri-Murrell Inc

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Investment Insights

Based on property information with market context.

This two-story office building offers a total area of 2,300 square feet and includes 10 parking spaces. Each story is equipped with its own conference room, bathroom, and multiple offices. Owner-financing options are available, subject to the buyer's financial qualifications.

Key Highlights

  • Two‑story office building
  • 10 parking spaces available
  • Owner‑financing available (subject to buyer's financials)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,999
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,980 $440.0K
Cap Rate 7%
$314,271 $314.3K
Cap Rate 9%
$244,433 $244.4K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$30.1K $13.08/SF
− Vacancy
−$752 −$0.33/SF
EGI
$29.3K $12.75/SF
− OpEx
−$7.3K −$3.19/SF
NOI
$22.0K $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%
$439,980
Cap Rate 7%
$314,271
Cap Rate 9%
$244,433

Alternative Uses

Best Use
Office B
$314.3K
$275.0K – $366.7K (±1% cap)
NOI $21,999 @ 7.0% cap · market cap 549.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$550.8K
$482.0K – $642.6K (±1% cap)
NOI $38,558 @ 7.0% cap · market cap 963.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Wilson Scott D Law Firm Melanie Newkome Jones Law Firm Anne Richey Myles Law Firm Joanna B Hynes ... Law Firm Pathway Planning Group Financial Advisor

Suggested Use

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

2,405
Businesses Nearby

Demographics for 70802, LA

26,519
Population
13,887
Households
1.9
Avg Household Size
29
Median Age
24%
College-Educated
82%
High-School Grad
7.1 sq mi
ZIP Area
3,735
Density / Sq Mi
$34,082
Median Household Income
$23,215
Median Earnings
$935
Median Rent
$105,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two-story office building with parking and owner-financing available.
Where is this office building located?
The property is located at 533 Europe St Baton Rouge, LA.
What are key features of this property?
This property features: Two‑story office building; 10 parking spaces available; Owner‑financing available (subject to buyer's financials)
More about this property
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