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This Class B Office Building is available for sale in Baton Rouge near the intersection of Lobdell Avenue & Jefferson Highway. Additionally, the property is located near high trafficked areas including Towne Centre & Bocage. The property is in close proximity to major thoroughfares including Jefferson Highway, Corporate Blvd., Florida Blvd., and Interstate 10 & 12.
The professional office space is 1,500 SF located on the second floor with two flights of stairs on each side of the building. There is a entrance on Lobdell
Ave. and a rear entrance on Michon St. with ample parking in both entrances. Additionally, the building recently underwent exterior renovations in 2017 and 2018.
The suite underwent upgrades in 2019 with a new HVAC system, paint, and flooring.
A tenant is in place on a three-year lease that commenced July 1, 2019.
Expenses:
Condo Association: $560 quarterly
Taxes: $2,400
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 7,323 | 71,439 | 220,004 | |
Population Median Age | 40 | 39 | 37 | |
Population by Age | 0-9 Yrs | 851 (11%) | 9266 (12%) | 26590 (12%) |
10-19 Yrs | 741 (10%) | 7223 (10%) | 27559 (12%) | |
20-29 Yrs | 952 (13%) | 11988 (16%) | 45141 (20%) | |
30-39 Yrs | 1399 (19%) | 10755 (15%) | 30143 (13%) | |
40-49 Yrs | 947 (12%) | 7837 (10%) | 22486 (10%) | |
50-59 Yrs | 635 (8%) | 7900 (11%) | 24057 (10%) | |
60-69 Yrs | 955 (13%) | 8411 (11%) | 22950 (10%) | |
70+ Yrs | 843 (11%) | 8059 (11%) | 21078 (9%) | |
Median HH Income | $87,649 | $56,890 | $49,279 | |
Total Household Income | < 24K | 310 (9%) | 7296 (24%) | 23973 (27%) |
25-49K | 555 (17%) | 6290 (20%) | 19724 (22%) | |
50-74K | 497 (15%) | 4825 (15%) | 14042 (16%) | |
75-99K | 507 (15%) | 3571 (11%) | 8527 (9%) | |
100-199K | 901 (27%) | 5943 (19%) | 15147 (17%) | |
200K+ | 467 (14%) | 2263 (7%) | 5000 (5%) | |
Highest Education Level | No Diploma | 94 | 3888 | 14509 |
Diploma or GED | 604 | 10932 | 36947 | |
Some College | 998 | 11056 | 31092 | |
Assoc. Degree | 255 | 2305 | 6281 | |
Bachelors Degree | 1893 | 12671 | 30119 | |
Higher Degree | 1476 | 7948 | 20793 | |
Total Housing Units | 3,695 | 34,802 | 104,084 | |
--Owner-Occupied | 1,942 | 15,873 | 44,431 | |
--Renter-Occupied | 1,295 | 14,315 | 41,982 | |
Owner-Occupied Values | < 100K | 58 | 1874 | 8061 |
100-199K | 299 | 5355 | 15924 | |
200-299K | 403 | 4009 | 10581 | |
300-399K | 402 | 1774 | 4438 | |
400-499K | 231 | 963 | 1832 | |
500K+ | 550 | 1898 | 3595 | |
Total Working Age Population | 5,942 | 57,921 | 179,901 | |
In Work Force | 4,228 | 38,920 | 118,709 | |
Not In Work Force | 1,714 | 19,001 | 61,193 | |
Workforce Employed | 4,141 | 37,055 | 109,767 | |
Workforce Unemployed | 79 | 1,845 | 8,842 | |
Civlian Workforce | 4,219 | 38,900 | 118,609 | |
Military Workforce | 8 | 20 | 100 | |
Total Households | 3,237 | 30,188 | 86,413 | |
Family Households | 1,798 | 15,560 | 44,873 | |
Non-Family Households | 1,440 | 14,629 | 41,540 | |
Married Couple | 1,476 | 10,071 | 27,070 | |
Other Family | 322 | 5,489 | 17,803 | |
Married w/Child | 601 | 3,518 | 9,387 | |
Single Male w/Child | 31 | 425 | 1,469 | |
Single Female w/Child | 61 | 2,515 | 6,748 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Louisiana | 4,468,976 | +1 | 4,533,372 | +1 | 4,588,310 | +5 | 4,813,420 |
East Baton Rouge Parish | 412,852 | +7 | 440,171 | -3 | 426,380 | -1 | 421,500 |
Iberville Parish | 33,320 | 0 | 33,387 | -17 | 27,830 | -11 | 24,640 |
St. Martin Parish | 48,583 | +7 | 52,160 | +6 | 55,520 | +3 | 57,000 |
West Baton Rouge Parish | 21,601 | +10 | 23,788 | -7 | 22,220 | -5 | 21,070 |