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    7926 Wrenwood Blvd Baton Rouge, LA 70809
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    Property profile & analytics

    7926 Wrenwood Blvd Baton Rouge, LA 70809

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    • Office Spaces
    • 4,260 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Pamela B. Daniel, DDS / Dental Office
    • Day Jr John F DDS / Dental Office
    • Fresh Breath Center / Dental Office
    • DentSpa BR / Dental Office
    • TSC Logistics / Trucking Company

    Property Details for 7926 Wrenwood Blvd

    Property size
    4,260 SF
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This 4,260-square-foot, two-story office building at 7926 Wrenwood Blvd in Baton Rouge, Louisiana, is currently fully vacant and available for lease. Located in Wrenwood Office Park, it offers excellent visibility facing Jefferson Highway, situated conveniently between the Baton Rouge Country Club and Towne Center. The building, designed by Al Jones, recently underwent renovations completed in June 2024. The property features three suites, with a minimum divisible space of 480 square feet and a maximum contiguous space of 4,260 square feet. Each floor comprises 2,130 square feet. The first floor is ideally suited for a dental office, while the second floor is adaptable to various professional office uses. The building is situated in East Baton Rouge Parish, zip code 70809. This prime location offers easy access to major thoroughfares and amenities. The property presents a unique opportunity for businesses seeking modern, renovated office space in a desirable Baton Rouge location. The entire building is available for lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1007
    Latitude
    30.4212

    Comparable in this City

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      24,900 SF

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      12,513 SF

      8377 Picardy Ave

      Medical Office Space • 12,513 SF
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    • Value Estimation by Request
      14,960 SF

      9618 Jefferson Hwy

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      9618 Jefferson Hwy, Baton Rouge, LA 70809
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      4,547 SF

      4475 Bluebonnet Blvd

      Land • 4,547 SF
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    • Value Estimation by Request
      66.00 Acres

      Baringer Foreman Rd

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    • Value Estimation by Request
      6,291 SF

      4700 Bluebonnet Blvd

      Office Spaces • 6,291 SF
      4700 Bluebonnet Blvd, Baton Rouge, LA 70809
      View Details

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    Similar Nearby for Lease

    • $25 SF/Yr
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      The Metro Office Park: Baton Rouge

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      Jefferson Hwy Build-to-Suit Opportunity

      Prime commercial land for lease on Jefferson Hwy.
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      Medical Office with Two Parking

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      Jefferson Highway Class A Office

      Class A office space in Jefferson/Bluebonnet Corridor available for rent.
      9456 Jefferson Hwy, Baton Rouge, LA 70809
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      Office Space Available For Rent

      Office space available for rent at Jefferson Hwy, Baton Rouge.
      10315 Jefferson Hwy, Baton Rouge, LA 70809
      View Details
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    Baton Rouge, LA 70809
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    7926 Wrenwood Blvd, Baton Rouge, LA, 70809
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