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Property profile & analytics
FOR SALE
Investment properties

721 Government St Baton Rouge, LA 70802

21,480 SF 1 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US36-0505620
Property summary
AI-generated overview

Cordova Square, a 19,757 square foot executive office building at 721 Government Street in Baton Rouge, Louisiana, offers multiple leasing opportunities. Spaces range from 1,430 to 3,862 square feet, with 8,674 square feet currently vacant. The building boasts 63 private, gated parking spaces and enjoys prominent frontage on Government and Spain Streets, with convenient curbside delivery access on Government Street. Its strategic location provides easy access to major thoroughfares, being just four blocks from the I-110 on/off ramp. Furthermore, it's within a five-block radius of the 19th JDC Clerk of Court/Court House, Baton Rouge City Court, and City Hall, and within six blocks of the Federal Courthouse. This makes it an ideal location for legal, professional, or government-related businesses. Current tenants include established firms such as Perry Dampf (attorneys), Janet Parker (court reporters), and Stanley Consultants (engineering). First-floor space is also available, suitable for retail or service tenants. The entire building is also available for purchase at $2,750,000.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Total area 21,480 SF
Lot 1 ac (43,560 SF)
APN 163171
UPID US36-0505620
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Perry Dampf Dispute Solutions Mediation Service
  • CREATIVE RUBBER Corporate Office
  • The Law Office of Kaila Hutchison, LLC Law Firm
  • Baton Rouge Seamless Gutters Hardware & Home Improvement General Contractor
  • Southern Dock Products Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.10M
Comparable Approach Comparable
$2.51M
Blend (final) Blend
$2.58M
Owner & transaction history
Beauregard Town Properties LLC
Beauregard Town Properties LLC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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