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    Office/Warehouse with Roll-Up Door Title is generated by Realmo AI

    6456 Renoir Ave, Baton Rouge, LA 70806

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    For Lease
    $119,000 SF/Yr $29,750,000/Mo (calc)

    Fully renovated, occupied office/warehouse with a side roll-up door, suited for heavy commercial users.

    Type:Industrial
    Property size:
    3,000 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 2:27 am

    Property Features for 6456 Renoir Ave

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Alex Ruch
    Alex Ruch

    Listing agent Alex Ruch License #995714093

    Listing office Elifin Realty Baton Rouge

    Listing date Jun 2, 2026

    Source Elifinrealty

    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

    • ±3,000 SF occupied office/warehouse that is fully renovated
    • Zoned C2 – Heavy Commercial
    • Side roll‑up door and compressor included
    • Located ±5 minutes from the Airline Hwy and US 190 interchange

    Overview

    6456 Renoir Ave presents an office/warehouse space that is occupied and fully renovated. The layout supports a combined work and storage use, with a side roll-up door and compressor included. This turnkey condition can appeal to investors and operators looking for a ready-to-use facility rather than a value-add renovation project.

    The property is zoned C2 – Heavy Commercial, positioning it for a range of commercial activity. It is located approximately five minutes from the Airline Hwy and US 190 interchange, supporting convenient access to surrounding employment and trade areas.

    With its renovated interior and functional warehouse entry, this property can fit tenants seeking a flex-style setup that pairs office space with hands-on storage or operations. For buyers, the fact that the space is currently occupied adds a straightforward investment angle, with the overall configuration designed to support ongoing utilization.
    Location Intelligence

    Current Use by Public Records

    The Rug Wash Carpet & Flooring Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • cuzn cookn&catering llc — 6851 Rembrandt Ave, Baton Rouge, LA 70806
    • Catering To You Bon Carre — 7323 florida blvd, baton rouge, la 70806
    • Bon Carre — 7359 Florida Blvd, Baton Rouge, LA 70806

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1245531
    Latitude
    30.4606138

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    FAQs

    What type of property is this?
    Flex space - Fully renovated, occupied office/warehouse with a side roll-up door, suited for heavy commercial users.
    Where is this flex space located?
    The property is located at 6456 Renoir Ave Baton Rouge, LA.
    What is the lease rate?
    The lease rate is $119,000.
    What are key features of this property?
    This property features: ±3,000 SF occupied office/warehouse that is fully renovated; Zoned C2 – Heavy Commercial; Side roll‑up door and compressor included
    (225) 485-0238
    We can help!
    Listing Contact
    Alex Ruch
    Alex Ruch
    Real Estate License ID: 995714093
    Learn More
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    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
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