3950 3968 3978 Blvd Baton Rouge, LA 70806
This exceptional investment opportunity encompasses three strategically located properties in Baton Rouge's vibrant Mid-City area, totaling 7,222 square feet across three buildings and two stories. The portfolio includes 3950 North Blvd, a 1,598 square foot single-story building currently leased to a daycare, providing immediate income generation. Adjacent is 3968 North Blvd, a 5,624 square foot, two-story office building featuring updated, modern finishes. This building is available for lease at $12 per square foot annually, with the option to lease the first and second floors individually or together. Completing the offering is 3978 North Blvd, a substantial parking lot with a partially covered structure, ensuring ample parking for both office buildings. Each property boasts dedicated parking spaces. Conveniently located approximately six minutes from the I-110 and I-10 interchange, via Airline Hwy/Florida Blvd, this property offers excellent access to major thoroughfares. While the sale includes all three properties, the seller may consider individual offers. This presents a unique opportunity to acquire a diverse and income-generating commercial real estate portfolio in a high-demand location. The asking price for the entire portfolio is $999,817.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.