Equipped Commercial
New
For Sale
$450,000
9431 Delcourt Ave, Baton Rouge, LA 70815
The operating facility supports restaurant and catering functions and includes a range of food-preparation and storage equipment.
Property Size3,800 SF
Price / SF$118.42
Days on Market7
Property Features for 9431 Delcourt Ave
General Information
Standard status
Active
Size
3,800 SF
Additional Details
Equipment Included
Yes
Listing Agency:
Keller Williams Realty-First Choice
Listed By:
Jessica Barraza · License #995717753
(225) 572-0099
Source:
Smithsquared
Added: Oct 7
Last Checked: Oct 7 at 2:01PM
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 Keller Williams Realty-First Choice
Investment Insights
Based on property information with market context.
This 3,800-square-foot commercial kitchen is operating as a restaurant and catering facility. Equipment included in the sale consists of a flattop grill, fryer, four-burner range oven, grill, walk-in cooler, walk-in freezer, ice machine, and electric hot boxes.
The property is tenant occupied, and the current tenant wishes to remain. The address is 9431 Delcourt Ave in Baton Rouge, Louisiana.
The property is tenant occupied, and the current tenant wishes to remain. The address is 9431 Delcourt Ave in Baton Rouge, Louisiana.
Key Highlights
- 3,800 square feet of commercial kitchen and restaurant space
- Current tenant wishes to remain
- Sale includes a flattop grill, fryer, 4‑burner range oven, and grill
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,341
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,820
$506.8K
Cap Rate 7%
$362,014
$362.0K
Cap Rate 9%
$281,567
$281.6K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$36.9K $9.72/SF
− Vacancy
−$735 −$0.19/SF
EGI
$36.2K $9.53/SF
− OpEx
−$10.9K −$2.86/SF
NOI
$25.3K $6.67/SF
Area
Baton Rouge, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,820
Cap Rate 7%
$362,014
Cap Rate 9%
$281,567
Alternative Uses
Best Use
Specialty Retail
$910.1K
$796.3K – $1.06M
NOI $63,705 @ 7.0% cap · market cap 14.16%
Second Best
Industrial
$362.0K
$316.8K – $422.4K
NOI $25,341 @ 7.0% cap · market cap 5.63%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
279k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Apparel 36%
Groceries 13%
Dining 10%
Burlington
Apparel
41,671 visits/mo
0.5 miles
Marshalls
Apparel
37,740 visits/mo
0.4 miles
Albertsons
Groceries
37,117 visits/mo
0.4 miles
Michaels
Shops & Services
29,370 visits/mo
0.3 miles
Murphy USA
Shops & Services
28,568 visits/mo
0.5 miles
Demographics for 70815, LA
29,376
Population
12,060
Households
2.4
Avg Household Size
37
Median Age
30%
College-Educated
86%
High-School Grad
9.5 sq mi
ZIP Area
3,092
Density / Sq Mi
$55,804
Median Household Income
$36,158
Median Earnings
$984
Median Rent
$213,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - The operating facility supports restaurant and catering functions and includes a range of food-preparation and storage equipment.
Where is this commercial kitchen located?
The property is located at 9431 Delcourt Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,800 square feet of commercial kitchen and restaurant space; Current tenant wishes to remain; Sale includes a flattop grill, fryer, 4‑burner range oven, and grill
