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Office Building with Conference Room
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940 O'Neal Lane, Baton Rouge, LA 70816

Well-maintained office property with private offices, a large conference room, and frontage on O’Neal Lane.

Property Size3,978 SF
Price / SF$0.00
Days on Market29

Property Features for 940 O'Neal Lane

General Information

Standard status Active
Size 3,978 SF
Class B
Property subtype Office
Lease Term $12 SF/yr (NNN)

Site & Location

Highway Access Yes
Road Access Yes

Amenities

50-person conference room
10 private offices

Building Details

Building Size 3,978 SF

Properties For Sale

at 940 O'Neal Lane
940 O'Neal Lane
Size 3,978 SF
Term Negotiable
Contact us
Listed By: Lindsay Redhead, MBA
Source: Elifinrealty
Added: Sep 20 Changed: Oct 14 Last Checked: Oct 16 at 7:16AM

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 Lindsay Redhead, MBA

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Investment Insights

Based on property information with market context.

This well-maintained office building at 940 O’Neal Lane provides approximately 3,978 SF of workspace. The layout includes 10 private offices and a conference room designed for up to 50 people, creating a functional setting for office operations, meetings, and administrative functions.

The property fronts O’Neal Lane, which carries approximately 26,000 daily traffic. It is positioned between Florida Blvd and I-12, near the West River Oaks and Avalon neighborhoods in Baton Rouge.

Key Highlights

  • Approximately 3,978 SF office building
  • 10 private offices
  • 50‑person conference room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,049
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,980 $761.0K
Cap Rate 7%
$543,557 $543.6K
Cap Rate 9%
$422,767 $422.8K
Market Conditions
NOI Build-Up for 3,978 SF
Gross rent
$52.0K $13.08/SF
− Vacancy
−$1.3K −$0.33/SF
EGI
$50.7K $12.75/SF
− OpEx
−$12.7K −$3.19/SF
NOI
$38.0K $9.56/SF
Area
Baton Rouge, LA
Vacancy
2.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,980
Cap Rate 7%
$543,557
Cap Rate 9%
$422,767

Alternative Uses

Best Use
Office B
$543.6K
$475.6K – $634.2K (±1% cap)
NOI $38,049 @ 7.0% cap · market cap 317,075.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$952.7K
$833.6K – $1.11M (±1% cap)
NOI $66,689 @ 7.0% cap · market cap 555,741.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

354
Businesses Nearby

Demographics for 70816, LA

45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office property with private offices, a large conference room, and frontage on O’Neal Lane.
Where is this office building located?
The property is located at 940 O'Neal Lane Baton Rouge, LA.
What are key features of this property?
This property features: Approximately 3,978 SF office building; 10 private offices; 50‑person conference room
More about this property
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