Financial
Distress signals
Property profile

450 Laurel St Baton Rouge, LA 70801

FOR LEASE
Investment properties
Property ID
US36-0531587
207,577 SF Built 1987
Last sale Dec 2025 · $18,793
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

II Rivermark Centre offers exceptional Class A executive office space in East Baton Rouge Parish. This prestigious building boasts a total of 208,234 square feet, providing a range of options for businesses of all sizes. Currently, there are multiple tenancies available, with a minimum divisible space of 1,532 square feet and a maximum contiguous space of 15,885 square feet. A significant 44,132 square feet of vacant space is ready for immediate occupancy, presenting a unique opportunity for

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$314k
Tax billed · 2023
Assessed value$2.43M
Assessed land$271k
Assessed improvement$2.16M
Effective rate12.91%

Value estimate

· Sep 2026
$15.82M
$14.23M – $17.40M
NOI build-up
Gross scheduled income$2.65M
Vacancy & credit loss−$66k
Operating expenses−$647k
NOI · 8,819,872.73% cap applied$1.94M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$107/SF
Submarket average, outlier-cleaned · 772 recorded sales of this use type
Observed band · Q1–Q3$56 – $172

Cap rate analysis

How does the asset earn?
8,819,872.73%
$1.94M 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

450 Laurel St Baton Rouge, LA 70801
County assessor Recorded deeds · 5 transfers Comp sales · not on file 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

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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