Add Listing
    For Sale
    • 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

    9257 Florida Blvd Baton Rouge, LA 70815

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Baton Rouge Shopping Center - Redevelopment Potential

    Property size:
    77,000 SF

    Property Features for 9257 Florida Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    77,000 SF
    Class
    D
    Lot Size
    272,250 SF

    We can help!

    Listing Contact
    Ashlyn Plaisance
    Ashlyn Plaisance

    Listing Agency: Beau Box Commercial Real Estate Listing Agent: Ashlyn Plaisance

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

    Learn more

    Property Insight Report

    Overview

    This 77,000 square foot, multi-tenant shopping center in Baton Rouge, Louisiana, presents a compelling value-add redevelopment opportunity. Located on Florida Blvd, between Oak Villa Blvd and Monterrey Blvd, the property boasts high visibility with over 30,000 vehicles passing daily. The 6.25-acre site offers ample parking. Current tenants include a diverse mix of businesses, such as a barber shop, dance studio, tattoo shop, yoga studio, thrift store, and tarot reader. Available suites range from 1,400 to 33,000 square feet. The property benefits from its proximity to a 3.8 million square foot Amazon fulfillment center, enhancing its strategic location. Recent improvements include roof repairs on the two-story building, facade upgrades, and new lighting. The property is offered at $2,400,000 with a NNN lease structure. Detailed financial information, including the current rent roll and income and expense statements, is available upon request. This Class D asset presents a unique chance to capitalize on a prime location and strong traffic counts. The diverse tenant mix provides a solid foundation for future growth and redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Move Your Body ... Gym & Fitness Center Since Day 13 Tattoo & Piercing Shop Mane Tamed Salon Hair Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.0854037662
    Latitude
    30.454722119695

    Nearby Similar for Sale

    • $490,000
      4,480 SF

      Baton Rouge Commercial Corner Lot

      4,480 sq ft commercial property with high visibility.
      2377 N Flannery Rd, Baton Rouge, LA 70814
      View Details
    • $425,000
      6,336 SF

      Baton Rouge Commercial Investment Opportunity

      6336 SF commercial building, formerly a daycare facility, for sale.
      7315 Exchange Pl, Baton Rouge, LA 70806
      View Details
    • Contact for pricing
      1,800 SF

      Mixed-Use Property: Live/Work, Investment

      Versatile mixed-use property ideal for live/work or investment.
      2504 North St, Baton Rouge, LA 70802
      View Details
    • New
      $499,800
      2,940 SF

      Baton Rouge Commercial Opportunity

      Commercial property in Baton Rouge with space for ideas.
      16969 George O Neil Rd, Baton Rouge, LA 70817
      View Details
    • $595,000
      3,107 SF

      Updated Historical Property with Parking

      Commercial property with private entrance, parking, and unfinished basement.
      2340 Government St, 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
    • $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
    • $375,000
      2,905 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
      1.16 Acres

      Baton Rouge Retail Investment Opportunity

      14,256 sqft neighborhood center in high-traffic corridor for sale.
      1962 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • $105,000
      1,800 SF

      Mixed-Use Property: Live/Work Potential

      Versatile mixed-use property with live/work or investment potential.
      2504 North St, Baton Rouge, LA 70802
      View Details
    • $150,000
      1,315 SF

      Baton Rouge Duplex: Income Property

      Tenant-occupied duplex in Baton Rouge, generating immediate cash flow.
      2702-2704 Iroquois St, Baton Rouge, LA 70805
      View Details
    • $99,000
      1,709 SF

      Baton Rouge Duplex Investment Opportunity

      Duplex in Baton Rouge, LA, near Southern University.
      1285-87 Stilt St, Baton Rouge, LA 70807
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Baton Rouge Shopping Center - Redevelopment Potential
    Where is this lifestyle center located?
    The property is located at 9257 Florida Blvd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 77,000 SF multi-tenant shopping center in Baton Rouge, LA, offering a value-add redevelopment opportunity.; High-visibility location on Florida Blvd, between Oak Villa Blvd and Monterrey Blvd, with over 30,000 vehicles passing daily.; 6.25-acre site with ample parking.
    (225) 717-2790 Call to check price and availability
    Request Owner's contact information
    9257 Florida Blvd Baton Rouge, LA 70815
    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.
    9257 Florida Blvd
    Baton Rouge, LA 70815
    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
    9257 Florida Blvd Baton Rouge, LA 70815
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ashlyn Plaisance
    Ashlyn Plaisance
    Real Estate License ID: 0995697184
    (225) 717-2790 (225) 615-8055 (225) 237-3343
    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!