Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1400 Main St Baton Rouge, LA 70802

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,359,000

    Multi-tenant office/warehouse, high ROI.

    Property size:
    42,315 SF

    Property Features for 1400 Main St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    42,315 SF
    Lot Size
    49,658 SF

    Building Details

    Buildings
    1
    Stories
    2

    We can help!

    Listing Contact
    Alex Ruch
    Alex Ruch

    Listing Agency: Elifin Realty Baton Rouge Listing Agent: Alex Ruch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 42,315 square foot multi-tenant property at 1400 Main Street, Baton Rouge, LA 70802, presents a compelling investment opportunity for owner-users and investors alike. The property, a historic 104-year-old warehouse, seamlessly blends classic industrial charm with robust construction. Currently 76% occupied, it generates consistent rental income from multiple tenants, including the Capital Area Corporate Recycling Council. The vacant space offers significant potential for increased revenue. This versatile property is ideally suited for industrial, manufacturing, or distribution uses, offering ample space for a variety of businesses. Located in the downtown development district and within 0.33 miles of I-110 and the city center, this prime location offers excellent accessibility. The property sits on a 1.14-acre lot and features two stories within a single building. Significant improvements, including a $125,000 roof replacement, were completed in 2006. The property is zoned M-1 (Light Industrial) and boasts an asking price of $1,359,000, translating to $32.12 per square foot. The property's APN numbers are 34932, 34940, 34959, 35009, 34991, 34975, 34983, and 34967. This is an opportunity zone designation property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Capital Area Corporate ... Recycling Center

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1745248
    Latitude
    30.4512956

    Nearby Similar for Sale

    • $989,000
      1.16 Acres

      Baton Rouge Retail Investment Opportunity

      14,256 sqft neighborhood center in high-traffic corridor for sale.
      1962 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • $595,000
      3,107 SF

      Updated Historical Property with Parking

      Commercial property with private entrance, parking, and unfinished basement.
      2340 Government St, Baton Rouge, LA 70806
      View Details
    • New
      $150,000
      1,315 SF

      Baton Rouge Duplex: Income Property

      Tenant-occupied duplex in Baton Rouge, generating immediate cash flow.
      2702-2704 Iroquois St, Baton Rouge, LA 70805
      View Details
    • $159,000
      1,492 SF

      Multi-Unit Near LSU Campus

      Multi-unit property near LSU, ideal for investors or owner-occupants.
      1241 W Chimes St, Baton Rouge, LA 70802
      View Details
    • $299,000
      Pending

      Daycare Ready Property, Baton Rouge

      Prime, centrally located daycare property with playground and parking.
      14744 Tiger Bend Rd, Baton Rouge, LA 70817
      View Details
    • $1,100,000
      0.40 Acres

      Baton Rouge Commercial Property For Sale

      High-volume convenience store with development potential in Baton Rouge, LA.
      2400 Highland Rd, Baton Rouge, LA 70802
      View Details
    • $475,000
      18,841 SF

      Baton Rouge Medical/Office Building

      Turnkey medical/office building near Amazon facility with renovation potential.
      5353 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • New
      $450,000
      4,800 SF

      Daycare Facility Near LSU

      Versatile commercial property, ideal for daycare or learning center.
      420 N Acadian Thwy, Baton Rouge, LA 70806
      View Details
    • $99,000
      1,709 SF

      Baton Rouge Duplex Investment Opportunity

      Duplex in Baton Rouge, LA, near Southern University.
      1285-87 Stilt St, Baton Rouge, LA 70807
      View Details
    • $375,000
      2,905 SF

      Renovated Office Building For Sale

      Fully renovated office building with high visibility and ample parking.
      7450 Antioch Rd, Baton Rouge, LA 70817
      View Details
    • Contact for pricing
      1,800 SF

      Prime Commercial Property in Saint George

      Centrally located office/retail property with parking and fenced yard.
      14744 Tiger Bend Rd, Baton Rouge, LA 70817
      View Details
    • New
      $425,000
      6,336 SF

      Baton Rouge Commercial Investment Opportunity

      6336 SF commercial building, formerly a daycare facility, for sale.
      7315 Exchange Pl, Baton Rouge, LA 70806
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Multi-tenant office/warehouse, high ROI.
    Where is this manufacturing property located?
    The property is located at 1400 Main St Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,359,000.
    What are key features of this property?
    This property features: Opportunity Zone Qualified Property; Located in the Downtown Development District; Historic 104-Year-Old Warehouse Building
    (225) 485-0238
    Request Owner's contact information
    1400 Main St Baton Rouge, LA 70802
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1400 Main St
    Baton Rouge, LA 70802
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 Main St Baton Rouge, LA 70802
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alex Ruch
    Alex Ruch
    Real Estate License ID: 995714093
    (225) 485-0238 (800) 895-9329
    Learn more
    Google sign-in failed. Please try again or use another login method.