Two-Story Office Building For
533 Europe St Baton Rouge, LA 70802
533 Europe St, Baton Rouge, LA, 70802
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For Sale
Contact for pricing
Two-story office building with parking and owner-financing available.
Property Size2,300 SF
Price / SF$173.91
Days on Market774
Property Features for 533 Europe St
General Information
- Standard status
- Active
- Size
- 2,300 SF
- Property subtype
- Office
Listing Agency
Maestri Murrell Real Estate
(225) 298-1250
Listed by
Benjamin Stalter · License #LA 0000008180
Source
Crexi
Added: Jun 7, 2024 Checked: Jul 19 at 6:11 am
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 Maestri Murrell Real Estate
Investment Insights
Based on property information with market context.
This two-story office building offers a total area of 2,300 square feet and includes 10 parking spaces. Each story is equipped with its own conference room, bathroom, and multiple offices. Owner-financing options are available, subject to the buyer's financial qualifications.
Key Highlights
- Two‑story office building
- 10 parking spaces available
- Owner‑financing available (subject to buyer's financials)
Local Financial Insights For Office B
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 | $30.1k | $13.08 |
| − Vacancy | −$752 | −$0.33 |
| EGI | $29.3k | $12.75 |
| − OpEx | −$7.3k | −$3.19 |
| NOI | $22.0k | $9.56 |
2,300 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$314.3K
$275.0K – $366.7K
NOI $21,999 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$550.8K
$482.0K – $642.6K
NOI $38,558 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wilson Scott D
Law Firm
Melanie Newkome Jones
Law Firm
Anne Richey Myles
Law Firm
Joanna B Hynes ...
Law Firm
Pathway Planning Group
Financial Advisor
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FAQs
What type of property is this?
Office building - Two-story office building with parking and owner-financing available.
Where is this office building located?
The property is located at 533 Europe St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑story office building; 10 parking spaces available; Owner‑financing available (subject to buyer's financials)
