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Financial
Distress signals
Property profile

412 N 4Th St Baton Rouge, LA 70802

FOR LEASE
Commercial real estate
Property ID
US36-0525008
9,599 SF
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Gras Town Plaza, located at 412 N 4th St, Baton Rouge, LA 70802, offers 28,460 square feet of Class B executive office space in a prime downtown location. This multi-tenant building features 10 suites, with a minimum divisible space of 261 square feet and a maximum contiguous space of 5,230 square feet. Currently, 13,111 square feet is available for lease. The property boasts a secure gated parking lot, and several suites have undergone recent renovations, including fresh paint, new…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$60k
Assessed land$3k
Assessed improvement$57k
Effective rate12.91%

Value estimate

· Oct 2026
$770k
$693k – $847k
Submarket $/SF estimate$770k
NOI build-up
Gross scheduled income$372k
Vacancy & credit loss−$9k
Operating expenses−$91k
NOI · 1,952,747.49% cap applied$272k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$107/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$46 – $142
Qualifying comparables20

Cap rate analysis

How does the asset earn?
1,952,747.49%
$272k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionEAST BATON ROUGE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.6
Pharmacy10.5
Pawn Shop10.1

Location

412 N 4Th St Baton Rouge, LA 70802
County assessor Recorded deeds · not on file 20 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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