Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Stabilized Auto Shop Investment Opportunity Title is generated by Realmo AI

    1044 O'Neal Ln, Baton Rouge, LA 70816

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Single-tenant auto shop with in-place lease until December 2027.

    Type:Retail
    Property size:
    3,800 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $103/SF
    Added:
    Jan 28, 2026
    Days on Market:
    104
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 1044 O'Neal Ln

    General Information

    Standard status
    Active
    Size
    3,800 SF
    Lot size
    0.33 Acres
    Property subtype
    Retail

    We can help!

    Listing Contact
    Jacob Loveland

    Listing agent Jacob Loveland License #LA

    Listing office Elifin Realty Baton Rouge

    Listing date Jan 28, 2026

    Source Crexi

    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 Elifin Realty Baton Rouge

    HighLights

    • 8.0% Cap Rate with $31,400 Annual NOI
    • Stabilized, Single‑Tenant Investment with In‑Place Lease
    • 5‑Year Lease Term Expiring December 2027
    • ±3,800 SF Auto Shop on ±0.33‑Acre Lot
    • Currently Used as an Automotive Service Facility
    • Proximity to I‑12 and US Hwy‑190 (±0.8 miles)

    Overview

    The property at 1044 O’Neal Lane is available for sale, presenting a stabilized, single-tenant investment opportunity with a 5-year lease in place that expires in December 2027. The property is an auto shop with a size of approximately 3,800 square feet, situated on a lot of approximately 0.33 acres. Currently, the property is used as an automotive service facility. The asset is offered at an 8.0% cap rate, with an annual net operating income of $31,400 derived from the tenant. Located along O’Neal Lane, the property benefits from regional access, with proximity to both I-12 and US Hwy-190, approximately 0.8 miles away. This offering features an in-place tenant with predictable income and a defined lease term, making it suitable for investors seeking stable cash flow.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    • Richards Honda Service Center — 13413 Millerville Greens Blvd, Baton Rouge, LA 70816
    • Howdy Towing & Roadside Services — 3171 Millerville Rd, Baton Rouge, LA 70816
    • ONeal Car Care Center — 3855 O'Neal Ln, Baton Rouge, LA 70816

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.0218
    Latitude
    30.4286

    Nearby Similar for Sale

    • $490,000
      4,480 SF

      Baton Rouge Commercial Corner Lot

      High-traffic corner lot ideal for retail or entertainment.
      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
    • $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
    • $245,000
      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
    • $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
    • $299,899
      1,800 SF

      Leased Commercial Property, Baton Rouge

      Fully leased commercial property with immediate cash flow in Baton Rouge.
      7095-7097 Winbourne Ave, Baton Rouge, LA 70805
      View Details
    • $255,000
      3,750 SF

      Multifamily Investment Near Southern University

      Eight-unit multifamily property with value-add potential near Southern University.
      1310 Oriole St, Baton Rouge, LA 70807
      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

    FAQs

    What type of property is this?
    Auto shop - Single-tenant auto shop with in-place lease until December 2027.
    Where is this auto shop located?
    The property is located at 1044 O'Neal Ln Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $392,500.
    What are key features of this property?
    This property features: 8.0% Cap Rate with $31,400 Annual NOI; Stabilized, Single‑Tenant Investment with In‑Place Lease; 5‑Year Lease Term Expiring December 2027
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jacob Loveland
    Real Estate License ID: LA
    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

    Thank You for Inquiry
    1044 O'Neal Ln, Baton Rouge, LA 70816
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!