Jefferson Hwy Mixed-Use Development
13825 13841 Jefferson Hwy Baton Rouge, LA 70817
For Sale
Contact for pricing
Two parcels with warehouses, office space, and development potential.
Property Size12,700 SF
Lot Size4.97 Acres
Price / SF$196.85
Days on Market638
Property Features for 13825 13841 Jefferson Hwy
General Information
- Standard status
- Active
- Size
- 12,700 SF
- Lot size
- 4.97 Acres
- Property subtype
- Industrial, Land
Listing Agency:
Elifin Realty Baton Rouge
(225) 485-0238
Listed By:
Alex Ruch · License #995714093
Source:
Crexi
Added: Oct 28, 2024
Changed: Jul 10
Last Checked: Jul 26 at 6:28AM
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 Baton Rouge
Investment Insights
Based on property information with market context.
Available for sale are two separate parcels located at 13825 and 13841 Jefferson Hwy, totaling approximately 4.97 acres. The property includes two existing office warehouses and surplus land suitable for new development. The building at 13841 Jefferson Hwy features a warehouse with a stabilized yard, currently leased month-to-month at $4,500 per month. The building at 13825 Jefferson Hwy offers approximately 6,500 square feet of space, including approximately 2,000 square feet of office space and approximately 4,500 square feet of warehouse space with outdoor storage. The property is located near the intersection of Jefferson Hwy and Tigerbend Rd, with close proximity to Airline Hwy, Woman's Hospital, and the future I-10 exit at Pecue Lane. This location provides strategic positioning for local and interstate business operations. Previous occupants have included a construction company, a home improvement company, and a Granite & Marble store. The total property size is 12,700 square feet.
Key Highlights
- Two separate parcels totaling ±4.97 acres with existing office warehouses and surplus land for new development.
- Strategic location near Jefferson Hwy and Tigerbend Rd split, close to Airline Hwy, Woman's Hospital, and future I‑10 exit at Pecue Lane.
- 13841 Jefferson Hwy features a warehouse with a fully stabilized yard, currently leased month‑to‑month at $4,500 per month.
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 | $166.1k | $13.08 |
| − Vacancy | −$4.2k | −$0.33 |
| EGI | $162.0k | $12.75 |
| − OpEx | −$40.5k | −$3.19 |
| NOI | $121.5k | $9.56 |
12,700 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.74M
$1.52M – $2.02M
NOI $121,472 @ 7.0% cap · market cap 4.86%
Second Best
Mixed Use
$1.70M
$1.49M – $1.98M
NOI $118,872 @ 7.0% cap · market cap 4.75%
Theoretical Best
Specialty Retail
$3.04M
$2.66M – $3.55M
NOI $212,907 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pinnacle Exterior Construction, ...
General Contractor
Pinnacle Pool & Spa ...
Renovation Specialist
Pinnacle Metal Works
Metal Fabrication Plant
Dantin Builders
Construction Company
FAQs
What type of property is this?
Mixed-use property - Two parcels with warehouses, office space, and development potential.
Where is this mixed-use property located?
The property is located at 13825 13841 Jefferson Hwy 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: Two separate parcels totaling ±4.97 acres with existing office warehouses and surplus land for new development.; Strategic location near Jefferson Hwy and Tigerbend Rd split, close to Airline Hwy, Woman's Hospital, and future I‑10 exit at Pecue Lane.; 13841 Jefferson Hwy features a warehouse with a fully stabilized yard, currently leased month‑to‑month at $4,500 per month.
