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    8211 Summa Ave Baton Rouge, LA 70809

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    For Lease
    Contact for pricing

    Renovated Offices, Ideal for Medical

    Lot size:
    2,170 SF

    Property Features for 8211 Summa Ave

    General Information

    Property type
    Medical Office Space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,170 SF

    Spaces For Lease

    at 8211 Summa Ave, Baton Rouge, LA 70809 Contact us
    Unit 8211 Summa Ave, Suite E

    $16 /Mo

    Size
    580 SF
    Contact us
    Unit 8261 Summa Ave, Suite D

    $13 /Mo

    Size
    740 SF
    Contact us
    Unit 8211 Summa Ave, Suite H

    $13 /Mo

    Size
    850 SF
    Contact us

    We can help!

    Listing Contact
    Fabian Edwards
    Fabian Edwards

    Listing Agency: Elifin Realty Listing Agent: Fabian Edwards

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

    Learn more

    Property Insight Report

    Overview

    This exceptional office space, located on Summa Avenue in East Baton Rouge Parish, offers three recently renovated suites ranging from 580 to 850 square feet. Each suite boasts a thoughtfully designed layout including a reception area, private offices, a kitchenette, and restrooms. The property is perfect for a variety of professional uses, particularly medical practices, given its convenient proximity to Our Lady of the Lake. The suites are available for immediate occupancy. The building offers a monument signage opportunity on Summa Avenue, providing excellent visibility and branding potential. The lease is a modified gross structure, meaning tenants are responsible for utilities, data/communications, and interior janitorial services. This presents a fantastic opportunity for businesses seeking modern, well-appointed office space in a prime location. The flexible suite sizes cater to various business needs, ensuring a comfortable and productive work environment. The immediate availability allows for a quick and seamless transition into your new office. Take advantage of this exceptional opportunity to establish your business in a thriving area with excellent accessibility and visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oakmont Acquisitions Real Estate Agency OfferRite Real Estate Agency Massage Central Alternative Medicine Practice Double The Love Financial ... Financial Advisor Deist & Associates Medical Clinic

    Suggested Use

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

    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
    -91.10098675
    Latitude
    30.39930949

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    FAQs

    What type of property is this?
    Medical Office Space - Renovated Offices, Ideal for Medical
    Where is this medical office space located?
    The property is located at 8211 Summa Ave Baton Rouge, LA.
    What is the lease rate?
    The lease rate is $13-$16 SF/Yr.
    What are key features of this property?
    This property features: Recently renovated office suites available for lease at 8211 Summa Ave, Baton Rouge, LA 70809.; Three suites available, ranging from 580 to 850 square feet.; Each suite includes a reception area, private offices, restrooms, and a kitchenette.
    (800) 895-9329 Call to check price and availability
    Request Owner's contact information
    8211 Summa Ave Baton Rouge, LA 70809
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    Baton Rouge, LA 70809
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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
    8211 Summa Ave Baton Rouge, LA 70809
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Fabian Edwards
    Fabian Edwards
    (800) 895-9329 (985) 974-8301
    Learn more
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