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    3950 3968 3978 Blvd Baton Rouge, LA 70806

    For Sale
    $999,817

    Three income-producing office buildings with ample parking.

    Property size:
    7,222 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity encompasses three strategically located properties in Baton Rouge's vibrant Mid-City area, totaling 7,222 square feet across three buildings and two stories. The portfolio includes 3950 North Blvd, a 1,598 square foot single-story building currently leased to a daycare, providing immediate income generation. Adjacent is 3968 North Blvd, a 5,624 square foot, two-story office building featuring updated, modern finishes. This building is available for lease at $12 per square foot annually, with the option to lease the first and second floors individually or together. Completing the offering is 3978 North Blvd, a substantial parking lot with a partially covered structure, ensuring ample parking for both office buildings. Each property boasts dedicated parking spaces. Conveniently located approximately six minutes from the I-110 and I-10 interchange, via Airline Hwy/Florida Blvd, this property offers excellent access to major thoroughfares. While the sale includes all three properties, the seller may consider individual offers. This presents a unique opportunity to acquire a diverse and income-generating commercial real estate portfolio in a high-demand location. The asking price for the entire portfolio is $999,817.

    Property Features for 3950 3968 3978 Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,222 SF

    Building Details

    Buildings
    3
    Stories
    2

    HighLights

    • 3950 North Blvd: Daycare‑leased property offering immediate cash flow.
    • 3968 North Blvd: ±5,624 SF office building featuring modern finishes.
    • 3978 North Blvd: Large parking lot with partial covered structure.
    • All properties provide ample parking and convenient access to major roadways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1488126
    Latitude
    30.4481165

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    FAQs

    What type of property is this?
    Office Property / Space - Three income-producing office buildings with ample parking.
    Where is this office property / space located?
    The property is located at 3950 3968 3978 Blvd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $999,817.
    What are key features of this property?
    This property features: 3950 North Blvd: Daycare-leased property offering immediate cash flow.; 3968 North Blvd: ±5,624 SF office building featuring modern finishes.; 3978 North Blvd: Large parking lot with partial covered structure.
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    Realmo Value Estimation

    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.

    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.

    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
    3950 3968 3978 Blvd Baton Rouge, LA 70806
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