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

    650 O'Neal Lane Baton Rouge, LA 70816

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial property featuring a well-maintained veterinary clinic in Baton Rouge.

    Type:Retail
    Property size:
    2,275 SF
    Price / SF:
    $131/SF
    Added:
    Sep 6, 2024
    Days on Market:
    600
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 650 O'Neal Lane

    General Information

    Standard status
    Active
    Size
    2,275 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Tom Mcgee

    Listing agent Tom Mcgee License #LA

    Listing office Lee & Associates - Baton Rouge

    Listing date Sep 6, 2024

    Source Crexi

    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 Lee & Associates - Baton Rouge

    Overview

    Veterinary Clinic on O'Neal Lane

    Located at 650 O'Neal Lane in Baton Rouge, this commercial property features a well-maintained veterinary clinic. The single-story building offers a modern layout with a welcoming reception area, multiple examination rooms, and office space. The property includes ample parking and a fenced yard. Situated approximately 1 mile from Interstate 12, the location provides convenient access to US Highway 61 (Airline Highway) and US Highway 190 (Florida Boulevard). The surrounding area features a mix of residential and commercial developments. This high-visibility location is suitable for veterinary practices or other medical services seeking a strategic and convenient location. The property size is 2275 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.0218
    Latitude
    30.4286

    Nearby Similar for Sale

    • $375,000
      2,369 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

      Baton Rouge Retail Investment Opportunity

      14,256 sqft neighborhood center in high-traffic corridor for sale.
      1962 O'NEAL Lane, Baton Rouge, LA 70816
      View Details
    • $450,000
      4,512 SF

      Renovated Quadruplex in Baton Rouge

      Baton Rouge quadruplex, renovated in 2025, ideal for investors.
      3515 Yorkfield Dr, Baton Rouge, LA 70816
      View Details
    • $475,000
      18,841 SF

      Baton Rouge Medical/Office Building

      Turnkey medical/office building near Amazon facility with renovation potential.
      5353 Florida Blvd, Baton Rouge, LA 70806
      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
    • $245,000
      4,318 SF

      Two Townhouses Near LSU

      Two attached townhouses in desirable Sharlo Subdivision, near LSU.
      1474-1476 Sharlo Ave, Baton Rouge, LA 70820
      View Details
    • $299,899
      1,800 SF

      Leased Commercial Property, Baton Rouge

      Fully leased commercial property with immediate cash flow in Baton Rouge.
      7095-7097 Winbourne Ave, Baton Rouge, LA 70805
      View Details
    • $570,000
      12,589 SF

      Baton Rouge Warehouse Mechanic Shop

      12,589 sqft warehouse on 0.29 acres in Baton Rouge.
      5643 Greenwell Springs Road, 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
    • $377,000
      3,800 SF

      Baton Rouge Quadruplex For Sale

      Baton Rouge quadplex featuring 2-bed, 2-bath units. Investment opportunity.
      934 Hammond Manor Dr, Baton Rouge, LA 70816
      View Details
    • $300,000
      4,000 SF

      Income-Producing Commercial Property Near University

      High-traffic commercial property with two renovated, occupied suites.
      8416-8418 Scotland Ave, Baton Rouge, LA 70807
      View Details
    • $60,000
      2,000 SF

      Baton Rouge Commercial Opportunity

      Flexible commercial property suited for church, entertainment, or recreation.
      3640 Osceola St, Baton Rouge, LA 70805
      View Details

    FAQs

    What type of property is this?
    Retail property - Commercial property featuring a well-maintained veterinary clinic in Baton Rouge.
    Where is this retail property located?
    The property is located at 650 O'Neal Lane Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Prime commercial property with existing veterinary clinic.; High‑visibility location on O'Neal Lane.; Easy access to Interstate 12, US Highway 61, and US Highway 190.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tom Mcgee
    Real Estate License ID: LA
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!