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    801 North Blvd Baton Rouge, LA 70802

    For Sale
    $6,500,000

    Four-building office complex, prime location.

    Property size:
    34,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a portfolio of four Class A office buildings totaling 34,000 square feet situated on a 2.2-acre lot in downtown Baton Rouge, Louisiana. The buildings, constructed between 1945 and 1979, feature a mix of executive and traditional office spaces, currently housing four credit-rated tenants under gross leases with a corporate guarantee. The portfolio boasts 77.4% occupancy and offers a compelling value-add proposition. The property is strategically located just west of Interstate 110, providing convenient access to Interstates 10 and Airline Highway. The combined lot size is 96,092 square feet, with a land value of $67.64 per square foot. The asking price is $6,500,000, translating to $191.18 per square foot. The property is zoned C5, C1, and B1, offering significant flexibility for future development or redevelopment. This multi-tenant property presents a rare opportunity to acquire a well-located, established office portfolio in a thriving market. The buildings consist of six units across four structures, each with two stories. This is a for-sale-by-owner opportunity.

    Property Features for 801 North Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    34,000 SF
    Class
    A

    Building Details

    Buildings
    4
    Stories
    2
    Units
    6

    HighLights

    • Four Class A office buildings totaling 34,000 square feet on a 2.2‑acre lot in downtown Baton Rouge.
    • Buildings located at 801 North Blvd., 855 North Blvd., 858 Convention St., and 160 N 8th St.
    • Strategically located west of I‑110, providing easy access to I‑10 and Airline Highway.
    • $6,500,000 list price; $191.18 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vinformatix Software Company Louisiana Companies Insurance Agency Louisiana Insurance Agency Insurance Agency La Co Insurance Agency

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    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
    -91.1822613
    Latitude
    30.4475722

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    FAQs

    What type of property is this?
    Office Property / Space - Four-building office complex, prime location.
    Where is this office property / space located?
    The property is located at 801 North Blvd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: Four Class A office buildings totaling 34,000 square feet on a 2.2-acre lot in downtown Baton Rouge.; Buildings located at 801 North Blvd., 855 North Blvd., 858 Convention St., and 160 N 8th St.; Strategically located west of I-110, providing easy access to I-10 and Airline Highway.
    (225) 333-9807
    Request Owner's contact information
    801 North Blvd Baton Rouge, LA 70802
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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
    801 North Blvd Baton Rouge, LA 70802
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