Cottage-Style Office Building in
For Sale
$212,500
728 France St, Baton Rouge, LA 70802
1,834 SF office building in Baton Rouge's Central Business District.
Property Size1,834 SF
Price / SF$115.87
Days on Market223
Property Features for 728 France St
General Information
Standard status
Active
Size
1,834 SF
Property subtype
Office
Zoning
NO
Listing Agency:
Lee & Associates
Listed By:
William Spielmann
(225) 332-0973
Source:
Lacdb.resimplifi
Added: Mar 9
Changed: Oct 14
Last Checked: Oct 16 at 5:49AM
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
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Investment Insights
Based on property information with market context.
An opportunity exists to acquire an approximately 1,834 square foot cottage-style office building located in Baton Rouge’s Central Business District. This single-story building features a traditional home-style layout with multiple private offices and a reception area. The functional floor plan is suited for professional or boutique office users. The structure maintains its residential character, creating a warm and inviting environment. Situated on a small urban lot, the property offers efficient space utilization and a distinctive alternative to conventional multi-tenant office buildings. Located at 728 France Street, the property is in the historic Beauregard Town just off of Government Street, minutes from downtown Baton Rouge. The property is close to courthouses, government offices, restaurants, and other everyday amenities, with easy access to I-10 and I-110 for convenient travel throughout the city.
Key Highlights
- 1.834 SF cottage‑style office building in Baton Rouge's Central Business District.
- Functional floor plan with multiple private offices and reception area.
- Warm and inviting residential character, creating a unique office environment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,542
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,840
$350.8K
Cap Rate 7%
$250,600
$250.6K
Cap Rate 9%
$194,911
$194.9K
Market Conditions
NOI Build-Up for 1,834 SF
Gross rent
$24.0K $13.08/SF
− Vacancy
−$600 −$0.33/SF
EGI
$23.4K $12.75/SF
− OpEx
−$5.8K −$3.19/SF
NOI
$17.5K $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%
$350,840
Cap Rate 7%
$250,600
Cap Rate 9%
$194,911
Alternative Uses
Best Use
Office B
$250.6K
$219.3K – $292.4K
NOI $17,542 @ 7.0% cap · market cap 8.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$439.2K
$384.3K – $512.4K
NOI $30,746 @ 7.0% cap · market cap 14.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,510
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - 1,834 SF office building in Baton Rouge's Central Business District.
Where is this office building located?
The property is located at 728 France St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $212,500.
What are key features of this property?
This property features: 1.834 SF cottage‑style office building in Baton Rouge's Central Business District.; Functional floor plan with multiple private offices and reception area.; Warm and inviting residential character, creating a unique office environment.
