Add Listing
    For Lease
    • 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

    11965 Lakeland Park Dr Baton Rouge, LA 70809

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $8 SF/Yr

    Multi-tenant distribution building with excellent access to major highways.

    Building Details

    Year built
    2000

    We can help!

    Listing Contact
    Evan Scroggs, Sior, Ccim
    Evan Scroggs, Sior, Ccim
    Source: Lee-associates

    Listing Agency: Lee & Associates Baton Rouge Listing Agent: Evan Scroggs, Sior, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Distribution Space in Industriplex Park

    The property at 11965 Lakeland Park Boulevard is a 53,604 square foot multi-tenant distribution building. It features a generous truck court suitable for tractor-trailer access, a combination of grade-level and dock-high overhead doors, and ESFR sprinklers. The building provides connectivity to I-10, I-12, and Airline Highway. Located within the Lakeland Park Business Park, which is adjacent to the Baton Rouge Industriplex, the property benefits from the Industriplex's M-1 zoning, which accommodates a variety of uses, attracting a broad spectrum of businesses. The development includes office, office/warehouse, warehouse, and flex space facilities. Approximately 20,000 square feet (Suite 250) will become available July 1, 2026. This location provides access to Interstate 10, Interstate 12, Airline Highway and Jefferson Highway. The building is professionally managed, and tenant improvements are available for term leases with credit tenants.
    Location Intelligence

    Current Use by Public Records

    Distribution properties

    Map

    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.0744
    Latitude
    30.3971

    Nearby Similar for Lease

    • $3,750 /Mo
      3,288 SF

      Turnkey Office Suite in Baton Rouge

      Centrally located, 2,800 SF suite ideal for medical or professional use.
      4747 Oneal Ln, Baton Rouge, LA 70817
      View Details
    • $595 /Mo
      685 SF

      Baton Rouge Office Suite Rental

      Well-maintained office suite available for rent in Baton Rouge.
      9654 Brookline Ave, Baton Rouge, LA 70809
      View Details
    • $995 /Mo
      1,092 SF

      Baton Rouge Office Suite Rental

      Well-maintained office suite for rent in Baton Rouge, LA.
      9654 Brookline Ave, Baton Rouge, LA 70809
      View Details
    • $900 /Mo
      600 SF

      Secured Retail Space on Florida

      600 SF retail space with security features on Florida Blvd.
      8700 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $900 /Mo
      600 SF

      Secured Retail Space on Florida

      600 SF commercial space with security features on Florida Blvd.
      8700 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $1,000 /Mo
      1,500 SF

      Renovated Commercial Space in Baton Rouge

      Completely renovated commercial space in the heart of Mid City.
      3844 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • $1,250 /Mo
      5,000 SF

      Retail Space on Coursey Boulevard

      Prime retail location with reception, offices, restroom, and kitchen.
      11924 Coursey Bl, Baton Rouge, LA 70816
      View Details
    • $1,250 /Mo
      4,189 SF

      Baton Rouge Office Suite

      Office suite featuring four offices and a reception area.
      3084 Westfork Dr, Baton Rouge, LA 70816
      View Details
    • $1,695 /Mo
      8,872 SF

      Office Space in Baton Rouge

      Professional office space for rent in Baton Rouge, Louisiana.
      4100 S Sherwood Forest Blvd, Baton Rouge, LA 70816
      View Details
    • $2,495 /Mo
      2,607 SF

      Stand-Alone Office Building For Rent

      Stand-alone office building with two connecting suites available for lease.
      11823 Market Place Ave, Baton Rouge, LA 70816
      View Details
    • Sponsored
      New
      Contact for pricing

      LA, Baton Rouge - 10202 Perkins Rowe

      Workspaces, services and support to help you grow your business in LA, Baton Rouge - 10202 Perkins Rowe
      10202 Perkins Rowe, Baton Rouge, LA 70810
      View Details
    • $700 /Mo
      106 SF

      Furnished Room in Saint George

      Furnished room with sink, cabinetry, and marble flooring available.
      14111 Airline Hwy, Baton Rouge, LA 70817
      View Details

    FAQs

    What type of property is this?
    Distribution property - Multi-tenant distribution building with excellent access to major highways.
    Where is this distribution property located?
    The property is located at 11965 Lakeland Park Dr Baton Rouge, LA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Premier distribution space in Industriplex Business Park with excellent access to I-10 and I-12.; - Features a generous truck court and a combination of grade-level and dock-high overhead doors.; - Approximately 20,000 square feet (Suite 250) available July 1, 2026.
    (225) 241-8616
    Request Owner's contact information
    11965 Lakeland Park Dr Baton Rouge, LA 70809
    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.
    11965 Lakeland Park Dr
    Baton Rouge, LA 70809
    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
    11965 Lakeland Park Dr Baton Rouge, LA 70809
    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

    We can help!
    Listing Contact
    Evan Scroggs, Sior, Ccim
    Evan Scroggs, Sior, Ccim
    Real Estate License ID: #995712516
    (225) 241-8616 (225) 427-9240
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!