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Updated Two-Story Office Building
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8900 Bluebonnet Blvd, Baton Rouge, LA 70810

C2-zoned office property with private offices, conference areas, and covered outdoor meeting space.

Property Size6,089 SF
Price / SF$1.63
Days on Market96

Property Features for 8900 Bluebonnet Blvd

General Information

Standard status Active
Size 6,089 SF
Property subtype Office
Zoning C2

Amenities

Power
Water
Sewer
Listing Agency: Covington & Associates Real Estate, LLC
Listed By: James Goolsby
Source: Lacdb.resimplifi
Added: Jul 15 Changed: Oct 12 Last Checked: Oct 16 at 5:52AM

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 Covington & Associates Real Estate, LLC

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Investment Insights

Based on property information with market context.

This updated two-story office building provides 5,196 square feet of heated and cooled office space within 6,089 square feet total under roof. The first floor includes an executive suite, reception area, conference room, kitchen, eight private offices, copy and file rooms, restrooms, and access to the rear patio and courtyard. The 1,158-square-foot upper level adds an open lobby, three offices, a restroom, and a network room.

Covered outdoor areas include a full-length front porch, rear patio, and private courtyard. Several interior spaces connect directly to these areas, supporting meetings and gatherings. The property occupies a corner lot at 8900 Bluebonnet Blvd in Baton Rouge and is zoned C2. Its configuration includes executive offices, meeting areas, support rooms, and outdoor gathering space for a range of professional office operations.

Key Highlights

  • 5,196 SF of heated and cooled office space
  • 6,089 SF total under roof
  • 4,038‑square‑foot first floor with executive suite and eight private offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,240
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,164,800 $1.2M
Cap Rate 7%
$832,000 $832.0K
Cap Rate 9%
$647,111 $647.1K
Market Conditions
NOI Build-Up for 6,089 SF
Gross rent
$79.6K $13.08/SF
− Vacancy
−$2.0K −$0.33/SF
EGI
$77.7K $12.75/SF
− OpEx
−$19.4K −$3.19/SF
NOI
$58.2K $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%
$1,164,800
Cap Rate 7%
$832,000
Cap Rate 9%
$647,111

Alternative Uses

Best Use
Office B
$832.0K
$728.0K – $970.7K (±1% cap)
NOI $58,240 @ 7.0% cap · market cap 585.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,078 @ 7.0% cap · market cap 1,025.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Daigle, Fisse & Kessenich Law Firm FedEx Drop Box Postal Service

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Building Supply Kitchen & Bath Showroom HVAC Service Big Box & Wholesale 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

792
Businesses Nearby

Demographics for 70810, LA

42,472
Population
19,195
Households
2.2
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
26.2 sq mi
ZIP Area
1,621
Density / Sq Mi
$93,712
Median Household Income
$52,510
Median Earnings
$1,406
Median Rent
$353,100
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 - C2-zoned office property with private offices, conference areas, and covered outdoor meeting space.
Where is this office building located?
The property is located at 8900 Bluebonnet Blvd Baton Rouge, LA.
What are key features of this property?
This property features: 5,196 SF of heated and cooled office space; 6,089 SF total under roof; 4,038‑square‑foot first floor with executive suite and eight private offices
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