Auto Shop with
For Sale
$375,000
10120 Daradele Ave, Baton Rouge, LA 70816
C2-zoned commercial building with overhead-door access, offices, restrooms, storage, and a fenced lot.
Property Size2,694 SF
Price / SF$139.20
Days on Market120
Property Features for 10120 Daradele Ave
General Information
Standard status
Active
Size
2,694 SF
Total Parking Spaces
50
Property subtype
Office
Zoning
C2
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Amenities
two office spaces
2 bathrooms
multiple storage availability
metal-covered drive-through service area
six overhead doors
Power
Water
Sewer
Natural Gas
Vacant
50 Parking Spaces
Building Details
Buildings
1
Listing Agency:
Compass - Perkins
(225) 921-5693
Listed By:
Lee Lambert · License #0000028866
(225) 921-5693
Source:
Lacdb.resimplifi
Added: May 4
Changed: Aug 28
Last Checked: Aug 30 at 1:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass - Perkins
Investment Insights
Based on property information with market context.
This auto shop property includes a 24' x 24' metal-covered drive-through service area, six overhead doors, two office spaces, two bathrooms, and multiple storage areas. The lot is fully fenced, and the building was previously used for auto service and automotive dealership operations.
Located at 10120 Daradele Ave in Baton Rouge, the property has visibility from I-12 and Airline Highway. Its C2 zoning and existing automotive-oriented improvements support continued commercial use within the documented property configuration.
Located at 10120 Daradele Ave in Baton Rouge, the property has visibility from I-12 and Airline Highway. Its C2 zoning and existing automotive-oriented improvements support continued commercial use within the documented property configuration.
Key Highlights
- 24' x 24' metal‑covered drive‑through service area
- Six overhead doors provide building access
- Two office spaces and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,965
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$359,300
$359.3K
Cap Rate 7%
$256,643
$256.6K
Cap Rate 9%
$199,611
$199.6K
Market Conditions
NOI Build-Up for 2,694 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.2K $9.72/SF
− Vacancy
−$521 −$0.19/SF
EGI
$25.7K $9.53/SF
− OpEx
−$7.7K −$2.86/SF
NOI
$18.0K $6.67/SF
Area
Baton Rouge, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$359,300
Cap Rate 7%
$256,643
Cap Rate 9%
$199,611
Alternative Uses
Best Use
Retail
$602.2K
$526.9K – $702.5K
NOI $42,152 @ 7.0% cap · market cap 11.24%
Second Best
Industrial
$256.6K
$224.6K – $299.4K
NOI $17,965 @ 7.0% cap · market cap 4.79%
Theoretical Best
Specialty Retail
$645.2K
$564.5K – $752.7K
NOI $45,163 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
841
Businesses Nearby
289k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 39%
Dining 31%
Shops & Services 26%
Hotels & Casinos 2%
Costco Wholesale
Superstores
113,857 visits/mo
0.2 miles
Costco Gasoline
Shops & Services
43,626 visits/mo
0.2 miles
McDonald's
Dining
30,857 visits/mo
0.2 miles
Cracker Barrel Old Country Store
Dining
22,383 visits/mo
0.4 miles
Exxon
Shops & Services
15,008 visits/mo
0.4 miles
Demographics for 70816, LA
45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - C2-zoned commercial building with overhead-door access, offices, restrooms, storage, and a fenced lot.
Where is this auto shop located?
The property is located at 10120 Daradele Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 24' x 24' metal‑covered drive‑through service area; Six overhead doors provide building access; Two office spaces and two bathrooms
