Class A Office Building in
New
For Sale
$2,500,000
9373 Baringer Foreman Rd Building 3, Baton Rouge, LA 70817
Fully leased Class A office building with high-end finishes and flexible floor plans inside the Baringer Block development.
Days on Market7
Property Features for 9373 Baringer Foreman Rd Building 3
General Information
Standard status
Active
Property subtype
Office - General Office
Building Details
Building Size
10,550 SF
Listing Agency:
ELIFIN Realty
(800) 895-9329
Listed By:
Fabian H.C. Edwards
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Aug 1 at 4:50AM
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 ELIFIN Realty
Investment Insights
Based on property information with market context.
Now available for sale, 9373 Baringer Foreman Rd (Building 3) is a fully leased Class A office building within the architecturally unique Baringer Block development in South Baton Rouge. The building offers high-end finishes, flexible floor plans, and a modern facade designed to stand out from typical office parks.
Located along Airline Hwy, the property benefits from high visibility, with an average of 32,300 vehicles passing daily. Within the development, parking, entry drives, and monument signage are in place, and two of the five planned buildings are completed.
The broader area includes nearby connections to major activity, including Long Farm, a 273-acre mixed-use development located about 0.3 miles southeast, and easy access to Woman’s Hospital about 1.7 miles south.
Located along Airline Hwy, the property benefits from high visibility, with an average of 32,300 vehicles passing daily. Within the development, parking, entry drives, and monument signage are in place, and two of the five planned buildings are completed.
The broader area includes nearby connections to major activity, including Long Farm, a 273-acre mixed-use development located about 0.3 miles southeast, and easy access to Woman’s Hospital about 1.7 miles south.
Key Highlights
- Fully leased Class A office building inside the Baringer Block development in South Baton Rouge
- High‑visibility location on Airline Hwy with about 32,300 vehicles passing daily
- Architecturally unique building with high‑end finishes and a modern, eye‑catching facade
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 | $138.0k | $13.08 |
| − Vacancy | −$3.4k | −$0.33 |
| EGI | $134.5k | $12.75 |
| − OpEx | −$33.6k | −$3.19 |
| NOI | $100.9k | $9.56 |
10,550 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,908 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.53M
$2.21M – $2.95M
NOI $176,864 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 70817, LA
35,025
Population
14,106
Households
2.5
Avg Household Size
40
Median Age
50%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
1,379
Density / Sq Mi
$102,878
Median Household Income
$58,613
Median Earnings
$1,363
Median Rent
$288,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Fully leased Class A office building with high-end finishes and flexible floor plans inside the Baringer Block development.
Where is this office building located?
The property is located at 9373 Baringer Foreman Rd Building 3 Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fully leased Class A office building inside the Baringer Block development in South Baton Rouge; High‑visibility location on Airline Hwy with about 32,300 vehicles passing daily; Architecturally unique building with high‑end finishes and a modern, eye‑catching facade
