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Veterinary Clinic on O'Neal Lane

650 O'Neal Lane Baton Rouge, LA 70816

650 O'Neal Lane, Baton Rouge, LA, 70816
$265,000
For Sale
Claim this Listing
$265,000

Well-established veterinary clinic for sale in a prime location.

Property Size2,275 SF
Price / SF$116.48
AddedNov 26, 2025
Days on Market230
Last RefreshMay 8 at 8:41 pm

Property Features for 650 O'Neal Lane

General Information

Standard status
Active
Size
2,275 SF
Property subtype
Office

Listing office Lee & Associates | Baton Rouge

Listing date Nov 26, 2025

Source Lee-associates

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.

Located at 650 O'Neal Lane in Baton Rouge, this commercial property features a well-maintained veterinary clinic. The single-story building includes a reception area, multiple examination rooms, and office space. The property is situated approximately 1 mile from Interstate 12 and is well-connected to US Highway 61 (Airline Highway) and US Highway 190 (Florida Boulevard), providing connectivity to downtown Baton Rouge and surrounding areas. The location offers high visibility and traffic. The surrounding area includes shopping centers, restaurants, medical facilities, parks, and recreational areas. The property also includes ample parking and a fenced yard. The property is suitable for veterinary practices or other medical services. The veterinary clinic is well established and practice is owned by Heartland Veterinary Partners. The NNN Lease is renewed November 1, 2024 for 3 years.

Key Highlights

  • Prime commercial property with a well‑established veterinary clinic.
  • Renewed NNN Lease November 1, 2024 for 3 years.
  • High‑visibility location approximately 1 mile from Interstate 12.

Local Financial Insights For Healthcare Medical

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 $38.2k $16.80
− Vacancy −$1.7k −$0.76
EGI $36.5k $16.04
− OpEx −$14.6k −$6.42
NOI $21.9k $9.63
2,275 SF · lease $16.80/SF/yr · vacancy 4.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$312.9K
$273.8K – $365.0K (±1% cap)
NOI $21,900 @ 7.0% cap · market cap 8.26%
Second Best
Office B
$310.9K
$272.0K – $362.7K (±1% cap)
NOI $21,760 @ 7.0% cap · market cap 8.21%
Theoretical Best
Specialty Retail
$544.8K
$476.7K – $635.7K (±1% cap)
NOI $38,139 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Dental Office Pharmacy Auto Parts Store Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nail Salon Big Box & Wholesale Store Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Well-established veterinary clinic for sale in a prime location.
Where is this medical office space located?
The property is located at 650 O'Neal Lane Baton Rouge, LA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Prime commercial property with a well‑established veterinary clinic.; Renewed NNN Lease November 1, 2024 for 3 years.; High‑visibility location approximately 1 mile from Interstate 12.
Contact an agent
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