Warehouse Units For
10242 Patriot Drive Baton Rouge, LA 70816
10242 Patriot Drive, Baton Rouge, LA, 70816
Contact for pricing
For Sale
Contact for pricing
Seven warehouse units available for lease, suitable for storage.
Property Size8,990 SF
Price / SF$125
Days on Market504
Property Features for 10242 Patriot Drive
General Information
- Standard status
- Active
- Size
- 8,990 SF
- Property subtype
- Industrial
Listing Agency
Stirling Properties Baton Rouge
Listed by
W. Foster Murphy · License #LA SALE.0995688217-ACT
Source
Crexi
Added: Feb 28, 2025 Checked: Jul 15 at 5:58 pm
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 Stirling Properties Baton Rouge
Investment Insights
Based on property information with market context.
The property at 10242 Patriot Drive features seven warehouse units available for lease. These units are suitable for storing equipment, materials, supplies, boats, ATVs, and trailers away from homes or offices. Each unit is wired for electricity and stubbed out for plumbing, allowing tenants to install a bathroom if desired. The property is classified as a commercial real estate offering, encompassing warehouses and industrial properties. The total property size is 8990 square feet.
Key Highlights
- Seven warehouse units available for lease.
- Ideal for storing equipment, materials, boats, ATVs, and trailers.
- Wired for electricity.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.4k | $9.72 |
| − Vacancy | −$1.7k | −$0.19 |
| EGI | $85.6k | $9.53 |
| − OpEx | −$12.8k | −$1.43 |
| NOI | $72.8k | $8.10 |
8,990 SF · lease $9.72/SF/yr · vacancy 1.99% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.04M
$910.0K – $1.21M
NOI $72,797 @ 7.0% cap · market cap 6.48%
Second Best
Industrial
$856.4K
$749.4K – $999.2K
NOI $59,951 @ 7.0% cap · market cap 5.33%
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.51M
NOI $150,712 @ 7.0% cap · market cap 13.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Alpha Maxi-Storage — 9111 Interline Ave # 2A, Baton Rouge, LA 70809
- GetGo Move It Inside Units Not Far Very Near — 1400 Gwenadele Ave, Baton Rouge, LA 70816
- Storage Rentals of America — 8969 Interline Ave, Baton Rouge, LA 70809
- The Storage Center — 9059 Interline Ave, Baton Rouge, LA 70809
- Storage Rentals of America — 9530 Dawnadele Ave, Baton Rouge, LA 70809
FAQs
What type of property is this?
Warehouse - Seven warehouse units available for lease, suitable for storage.
Where is this warehouse located?
The property is located at 10242 Patriot Drive Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,123,750.
What are key features of this property?
This property features: Seven warehouse units available for lease.; Ideal for storing equipment, materials, boats, ATVs, and trailers.; Wired for electricity.
