Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9990 Airline Hwy Baton Rouge, LA 70816

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $10,500,000

    Holiday Inn – Baton Rouge, LA for sale

    Property size:
    77,942 SF
    Added:
    Jan 28, 2025
    Days on Market:
    448
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 9990 Airline Hwy

    General Information

    Standard status
    Active
    Property type
    Other residential income properties, Other hospitality properties, Hotels, Residential income properties, Hospitality properties
    Size
    77,942 SF
    Elevators
    N/A

    Building Details

    Year Built
    1968
    Year Renovated
    2019
    Buildings
    1
    Stories
    6
    Units
    140

    We can help!

    Listing Contact
    Jigar “jay” Desai

    Listing agent Jigar “jay”

    Listing office

    Listing date Jan 28, 2025

    Overview

    Baton Rouge Hotel Investment Opportunity

    This 140-room hotel in Baton Rouge, Louisiana, presents an investment opportunity. The property is located on Airline Highway 61, a quarter-mile north of I-12 and two miles east of I-10, providing access to New Orleans and Houston. Its location is less than six miles from Downtown Baton Rouge and the Raising Cane's River Center, under eight miles from Louisiana State University, and just over ten miles from Baton Rouge Metropolitan Airport. The hotel features full-service amenities including a bar, restaurant, meeting rooms, and two pools. A multi-million dollar renovation was completed in 2019. The building encompasses 77,942 square feet. The property's location off Highway 61 and I-12 contributes to revenue generation potential. This established hotel offers a chance to acquire a well-maintained, high-traffic property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hertz Car Renta ... Car Rental Facility Holiday Inn Baton ... Hotel & Motel

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.078013
    Latitude
    30.425782

    Nearby Similar for Sale

    • $490,000
      4,480 SF

      Baton Rouge Commercial Corner Lot

      4,480 sq ft commercial property with high visibility.
      2377 N Flannery Rd, Baton Rouge, LA 70814
      View Details
    • $375,000
      2,369 SF

      Renovated Office Building For Sale

      Fully renovated office building with high visibility and ample parking.
      7450 Antioch Rd, Baton Rouge, LA 70817
      View Details
    • $989,000

      Baton Rouge Retail Investment Opportunity

      14,256 sqft neighborhood center in high-traffic corridor for sale.
      1962 O'NEAL Lane, Baton Rouge, LA 70816
      View Details
    • $450,000
      4,512 SF

      Renovated Quadruplex in Baton Rouge

      Baton Rouge quadruplex, renovated in 2025, ideal for investors.
      3515 Yorkfield Dr, Baton Rouge, LA 70816
      View Details
    • $475,000
      18,841 SF

      Baton Rouge Medical/Office Building

      Turnkey medical/office building near Amazon facility with renovation potential.
      5353 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • $285,000
      4,318 SF

      Sharlo Subdivision Duplex Opportunity

      Two attached townhouses in desirable Sharlo Subdivision near LSU.
      1474-1476 Sharlo Ave, Baton Rouge, LA 70820
      View Details
    • $450,000
      4,800 SF

      Daycare Facility Near LSU

      Versatile commercial property, ideal for daycare or learning center.
      420 N Acadian Thwy, Baton Rouge, LA 70806
      View Details
    • $570,000
      12,589 SF

      Baton Rouge Warehouse Mechanic Shop

      12,589 sqft warehouse on 0.29 acres in Baton Rouge.
      5643 Greenwell Springs Road, Baton Rouge, LA 70806
      View Details
    • $120,000
      1,100 SF

      Retail/Service Suite Near Aveda Institute

      1,100 sq ft retail/service suite in high-traffic location.
      2834 S Sherwood Forest Blvd, Baton Rouge, LA 70816
      View Details
    • $377,000
      3,800 SF

      Baton Rouge Quadruplex For Sale

      Baton Rouge quadplex featuring 2-bed, 2-bath units. Investment opportunity.
      934 Hammond Manor Dr, Baton Rouge, LA 70816
      View Details
    • $300,000
      4,000 SF

      Income-Producing Commercial Property Near University

      High-traffic commercial property with two renovated, occupied suites.
      8416-8418 Scotland Ave, Baton Rouge, LA 70807
      View Details
    • $60,000
      2,000 SF

      Baton Rouge Commercial Opportunity

      Flexible commercial property suited for church, entertainment, or recreation.
      3640 Osceola St, Baton Rouge, LA 70805
      View Details

    FAQs

    What type of property is this?
    Residential income property - Holiday Inn – Baton Rouge, LA for sale
    Where is this residential income property located?
    The property is located at 9990 Airline Hwy Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $10,500,000.
    What are key features of this property?
    This property features: Multi‑million dollar renovations completed 2019; Located in State Capitol, near Louisiana State University; High visibility off Highway 61 & Interstate 12
    (520) 664-4091
    We can help!
    Listing Contact
    Jigar “jay” Desai
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!