Property profile

538 8Th St Baton Rouge, LA 70802

OFF-MARKET
Office Spaces
Property ID
US36-0012308
1,600 SF 0.08 ac lot
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Property summary

AI-generated overview

This exceptional 1,600-square-foot executive office building, located at 538 N 8th Street in Baton Rouge, Louisiana, presents a compelling investment opportunity. Completely renovated in 2022, the property boasts modern interiors and the added benefit of solar power, reducing operational costs. Situated on a 0.08-acre lot (approximately 40ft x 86ft), the single-story Class B building offers convenient surface parking. The B-1 Transition zoning allows for versatile use, presenting potential for both office and residential development. Its prime location just south of the historic Spanish Town neighborhood provides easy access to Interstate 110 (approximately 700 feet) and Interstate 10 (approximately 2 minutes away), placing it within close proximity to LoadStar, a major site logistics provider. The asking price is $264,000, translating to $165 per square foot. While the interior is updated, there's potential to enhance the exterior and increase curb appeal, adding further value. The property's features, location, and zoning flexibility make it an attractive prospect for a variety of uses. The APN is 155616.

Property profile

Verified
Property type Office Spaces
Total area 1,600 SF
Lot 0.08 ac (3,485 SF)
UPID US36-0012308

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

538 8Th St Baton Rouge, LA 70802
Baton Rouge metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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