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    412 4Th St Baton Rouge, LA 70802

    For Sale
    $2,450,000

    Executive Office Building, 28,460 SF

    Property size:
    28,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Gras Town Plaza, a Class B, three-story executive office building totaling 28,460 square feet, is ideally situated at the southeast corner of N 4th Street and Main Street in the heart of downtown Baton Rouge, Louisiana. This property offers a unique investment opportunity. The building features a secure gated parking lot, presenting potential for future development or increased revenue generation through market-rate parking fees. Several suites have recently undergone renovations. This presents a compelling opportunity for a buyer or business to occupy a portion of the building while simultaneously leveraging the significant upside potential of leasing the remaining space at market rates. An inspection report is available for qualified buyers upon request and proof of financial capability. The financial details, including rent roll, income, and expense information, are accessible via an online portal after signing a confidentiality agreement. The property is listed at $2,450,000. Please note that tenants should not be disturbed.

    Property Features for 412 4Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    28,460 SF
    Class
    B

    Building Details

    Stories
    3

    HighLights

    • Three‑story Class B office building totaling 28,460 square feet with secure gated parking.
    • Prime downtown Baton Rouge location at the corner of N 4th and Main Streets.
    • Several suites boast recent renovations.
    • Opportunity for owner‑occupancy with potential for leasing remaining space.
    • Significant upside potential through market‑rate leasing and parking revenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Robinson Mark Attorney Foil Law Firm Attorney Smith Lewis Insurance ... Insurance Agency Maxine E. Campbell-Flint, ... Psychologist Martin Consulting Services Consultant

    Suggested Use

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

    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
    -91.1868316
    Latitude
    30.4510048

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Office Building, 28,460 SF
    Where is this office property / space located?
    The property is located at 412 4Th St Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: Three-story Class B office building totaling 28,460 square feet with secure gated parking.; Prime downtown Baton Rouge location at the corner of N 4th and Main Streets.; Several suites boast recent renovations.
    (800) 895-9329
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    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
    412 4Th St Baton Rouge, LA 70802
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