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Property profile & analytics
OFF-MARKET
Office Spaces

3950 3968 3978 Blvd Baton Rouge, LA 70806

7,222 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 7,222 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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