Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    17232 Jefferson Hwy Baton Rouge, LA 70817
    Back to Search
    Property profile & analytics

    17232 Jefferson Hwy Baton Rouge, LA 70817

    View on Map
    • Medical Office Space
    • 6,500 SF
    Off-Market
    Property ID
    US36-1204553
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Reserve at Jefferson Crossing / Apartment Building / Apartment Complex
    • Pretty Girl Styles / Hair Salon
    • Resonance Global Compliance / Industrial Manufacturer / Production Facility

    Property Details for 17232 Jefferson Hwy

    Year built
    2022
    Property size
    6,500 SF
    Property type
    Medical Office Space
    Property subtype
    Office Units

    Description

    This exceptional Class A medical office space, totaling 2,500 square feet, is available for lease in Baton Rouge, Louisiana. Located at 17232 Jefferson Hwy, this 2022-built, single-story building offers a prime location on Jefferson Highway, just blocks from the intersection of Jefferson Highway and Highland Road. The 6,500 square foot building sits on a 1.5-acre lot and is zoned SPUD. The suite itself features a welcoming lobby/waiting area, six individual offices, a spacious conference room, and a dedicated file room. Its convenient location provides excellent access to major thoroughfares including Jefferson Highway, Highland Road, and Airline Highway. The property benefits from its proximity to a diverse mix of businesses, including Premier Dental, other medical facilities, residential areas, schools, churches, and commercial/retail establishments. This is an ideal space for medical or professional office users seeking a modern, well-appointed facility in a thriving Baton Rouge submarket (LACDB - 43), within East Baton Rouge Parish County. The building does not have elevators.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.0013613
    Latitude
    30.36180029

    Comparable in this City

    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces for rent in Baton Rouge.
      14241 Airline Hwy, Baton Rouge, LA 70817
      View Details
    • Contact for pricing

      Office/Warehouse with Showroom and Yard

      11,404 SF office/warehouse with showroom and fenced yard.
      12137 Airline Hwy, Baton Rouge, LA 70817
      View Details
    • Contact for pricing

      Medical Offices on Airline Highway

      High-end medical offices near Woman's Hospital with ample parking.
      15475 Airline Hwy, Baton Rouge, LA 70817
      View Details
    • Contact for pricing

      Renovated Office Plaza with Signage

      Recently renovated office suites with high-visibility signage opportunity.
      5917 Jones Creek Rd, Baton Rouge, LA 70817
      View Details
    • Contact for pricing

      Flex Space in Barringer Foreman

      Flex/R&D space in South Baton Rouge business community.
      14141 Airline Hwy, Baton Rouge, LA 70817
      View Details
    • $12 SF/Yr

      Office Warehouse Space For Rent

      Office/warehouse space with roll-up doors, convenient highway access, parking.
      6768 Pecue Ln, Baton Rouge, LA 70817
      View Details

    Similar Nearby for Sale

    • $413,400
      1,802 SF

      Class A Office Condo Investment

      Class A office condo leased to medical tenant for immediate income.
      16851 Jefferson Hwy, Baton Rouge, LA 70817
      View Details
    • $814,875
      4.16 Acres

      Baringer Rd Medical Office Pad Site

      Prime Medical Office Pad, Baton Rouge
      9373 Baringer Foreman Rd, Baton Rouge, LA 70817
      View Details
    • Contact for pricing
      2,000 SF

      Premier Office Park in Baton Rouge

      Professional and medical office park south of Woman's Hospital.
      9373 Baringer Foreman Rd, Baton Rouge, LA 70817
      View Details
    • Contact for pricing
      4,279 SF

      Versatile Commercial Property on Market Street

      Multi-use property suitable for various businesses, move-in ready.
      15006 Market St, Baton Rouge, LA 70817
      View Details
    • Contact for pricing

      Prime Central Baton Rouge Property

      Centrally located property with office spaces, parking, and fenced yard.
      14744 Tiger Bend Rd, Baton Rouge, LA 70817
      View Details
    • $369,000
      1,802 SF

      Class A Office End-Unit

      Turnkey office suite in professionally maintained park, ideal for services.
      16851 Jefferson Hwy, Baton Rouge, LA 70817
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces for rent in Baton Rouge.
      14241 Airline Hwy, Baton Rouge, LA 70817
      View Details
    • Contact for pricing

      Market Street Turnkey Property

      Turnkey property with office and flex/warehouse buildings, ample parking.
      15025 Market St, Baton Rouge, LA 70817
      View Details
    • Contact for pricing

      Medical Offices on Airline Highway

      High-end medical offices near Woman's Hospital with ample parking.
      15475 Airline Hwy, Baton Rouge, LA 70817
      View Details
    • Contact for pricing

      Renovated Office Plaza with Signage

      Recently renovated office suites with high-visibility signage opportunity.
      5917 Jones Creek Rd, Baton Rouge, LA 70817
      View Details
    • Contact for pricing

      Flex Space in Barringer Foreman

      Flex/R&D space in South Baton Rouge business community.
      14141 Airline Hwy, Baton Rouge, LA 70817
      View Details
    • $12 SF/Yr

      Office Warehouse Space For Rent

      Office/warehouse space with roll-up doors, convenient highway access, parking.
      6768 Pecue Ln, Baton Rouge, LA 70817
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17232 Jefferson Hwy
    Baton Rouge, LA 70817
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    17232 Jefferson Hwy, Baton Rouge, LA, 70817
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!