Flex Space with Stabilized
For Sale
Contact for pricing
11165 Airline Hwy, Baton Rouge, LA 70816
Fenced industrial property with office, warehouse, maintenance, and cleaning improvements supporting continued yard operations.
Property Size24,963 SF
Price / SF$0.12
Days on Market158
Property Features for 11165 Airline Hwy
General Information
Standard status
Active
Size
24,963 SF
Property subtype
Land
Zoning
R
Lease Type
Modified Gross
Amenities
Vacant
Listing Agency:
Rogillio Real Estate, LLC
Listed By:
Brandon Rogillio · License #13119
(225) 413-1292
Source:
Lacdb.resimplifi
Added: May 15
Changed: Oct 15
Last Checked: Oct 19 at 3:24AM
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 Rogillio Real Estate, LLC
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Investment Insights
Based on property information with market context.
The 6.52-acre property combines a fenced, stabilized yard with two existing improvements: an ±4,522 SF office/warehouse and an ±20,093 SF maintenance/cleaning facility. The site has historically accommodated 18-wheeler and heavy-equipment parking, providing an established industrial configuration. Zoning is R.
Airline Highway frontage totals 215 feet. Regional highway connectivity includes a 1.4-mile distance to I-10 and 1.9 miles to I-12, supporting access for industrial and equipment-oriented operations. The property’s substantial yard area and existing buildings offer a combination of outdoor storage and enclosed workspace.
Airline Highway frontage totals 215 feet. Regional highway connectivity includes a 1.4-mile distance to I-10 and 1.9 miles to I-12, supporting access for industrial and equipment-oriented operations. The property’s substantial yard area and existing buildings offer a combination of outdoor storage and enclosed workspace.
Key Highlights
- 6.52‑acre tract with fenced and stabilized yard
- ±20,093 SF maintenance/cleaning facility
- ±4,522 SF office/warehouse building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,195
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,243,900
$3.2M
Cap Rate 7%
$2,317,071
$2.3M
Cap Rate 9%
$1,802,167
$1.8M
Market Conditions
NOI Build-Up for 24,963 SF
Gross rent
$254.6K $10.20/SF
− Vacancy
−$5.1K −$0.20/SF
EGI
$249.5K $10.00/SF
− OpEx
−$87.3K −$3.50/SF
NOI
$162.2K $6.50/SF
Area
Baton Rouge, LA
Vacancy
2.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,243,900
Cap Rate 7%
$2,317,071
Cap Rate 9%
$1,802,167
Alternative Uses
Best Use
Warehouse
$2.89M
$2.53M – $3.37M
NOI $202,140 @ 7.0% cap · market cap 6,738.00%
Second Best
Industrial
$2.38M
$2.08M – $2.77M
NOI $166,468 @ 7.0% cap · market cap 5,548.93%
Theoretical Best
Specialty Retail
$5.98M
$5.23M – $6.97M
NOI $418,489 @ 7.0% cap · market cap 13,949.63%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
977
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Fenced industrial property with office, warehouse, maintenance, and cleaning improvements supporting continued yard operations.
Where is this flex space located?
The property is located at 11165 Airline Hwy Baton Rouge, LA.
What are key features of this property?
This property features: 6.52‑acre tract with fenced and stabilized yard; ±20,093 SF maintenance/cleaning facility; ±4,522 SF office/warehouse building
