Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3636 Sherwood Forest Blvd Baton Rouge, LA 70816

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Class A Office Building, 84,727 SF

    Property size:
    84,727 SF

    Property Features for 3636 Sherwood Forest Blvd

    General Information

    Property type
    Office properties & Spaces
    Square Feet
    84,727 SF
    Class
    A
    Lot Size
    136,343 SF

    Building Details

    Year Built
    1982
    Stories
    6

    We can help!

    Listing Contact
    Luke Gomez
    Luke Gomez

    Listing Agent: Luke Gomez

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

    Learn more

    Property Insight Report

    Overview

    This exceptional Class A, multi-tenant office building, Sherwood Tower I, presents a compelling investment opportunity. Located at 3636 S Sherwood Forest Blvd, Baton Rouge, LA 70816, this six-story, 84,727 square foot mid-rise building boasts a desirable location on a hard corner with excellent visibility and accessibility. Built in 1982 and situated on a 3.13-acre lot, the property features a recently renovated interior, a stunning atrium, and numerous on-site amenities. The building's HC2 zoning allows for a variety of uses. Its strategic location on a major thoroughfare provides easy access to Airline Hwy, I-10, and I-12, making it highly convenient for the entire Capitol Region. The asking price is $4,375,000, translating to $51.64 per square foot. Multiple suite configurations are available, catering to owner-occupants and investors seeking value-add potential. The property benefits from a signalized intersection and multiple access points, ensuring convenient ingress and egress. Abundant nearby dining options further enhance its appeal. This is a rare opportunity to acquire a well-maintained, high-quality office building in a thriving Baton Rouge location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bill Whittle & Associates Insurance Agency Bill Whittle: Primerica ... Financial Advisor Cadence of Acadiana, Inc. Social Service Agency Mary Barnes Bellanger: ... Financial Advisor Deltacom Telecommunications Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.051809522971
    Latitude
    30.419332078924

    Nearby Similar for Sale

    • $490,000
      4,480 SF

      Baton Rouge Commercial Corner Lot

      4,480 sq ft commercial property with high visibility.
      2377 N Flannery Rd, Baton Rouge, LA 70814
      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
    • $580,000
      3,107 SF

      Updated Historical Property in Baton Rouge

      Commercial property with private entrance, parking, and large unfinished basement.
      2340 Government St, Baton Rouge, LA 70806
      View Details
    • $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
    • $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
    • $120,000
      1,100 SF

      Retail/Service Suite Near Aveda Institute

      1,100 sq ft retail/service suite in high-traffic location.
      2834 S Sherwood Forest Blvd, Baton Rouge, LA 70816
      View Details
    • $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
    • $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
    • $60,000
      2,000 SF

      Baton Rouge Commercial Opportunity

      Flexible commercial property suited for church, entertainment, or recreation.
      3640 Osceola St, Baton Rouge, LA 70805
      View Details
    • $400,000
      5,000 SF

      Historic Cook Theatre Building

      Iconic theater with historical significance and redevelopment potential near Southern University.
      8254 Scenic Hwy, Baton Rouge, LA 70807
      View Details
    • $595,000
      5,600 SF

      Under Construction Apartment Complex

      7-unit apartment complex near Southern University, an investor opportunity.
      1060 Swan Ave, Baton Rouge, LA 70807
      View Details
    • $99,000
      1,709 SF

      Baton Rouge Duplex Investment

      Duplex near Southern University, great investment opportunity.
      1285-87 Stilt St, Baton Rouge, LA 70807
      View Details

    FAQs

    What type of property is this?
    Office property - Class A Office Building, 84,727 SF
    Where is this office property located?
    The property is located at 3636 Sherwood Forest Blvd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $4,375,000.
    (225) 329-5498 Call to check price and availability
    Request Owner's contact information
    3636 Sherwood Forest Blvd Baton Rouge, LA 70816
    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.
    3636 Sherwood Forest Blvd
    Baton Rouge, LA 70816
    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
    3636 Sherwood Forest Blvd Baton Rouge, LA 70816
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Luke Gomez
    Luke Gomez
    Real Estate License ID: 995694316
    (225) 329-5498 (225) 766-0000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!