9550 Airline Hwy Baton Rouge, LA 70809
6.06 acres with 39,582 SF building on Airline Hwy.
- Added:
- May 23, 2024
- Days on Market:
- 783
- Last Refresh:
- May 12 at 8:08 pm
Property Features for 9550 Airline Hwy
General Information
- Standard status
- Active
- Size
- 39,582 SF
- Lot size
- 6.06 Acres
- Property subtype
- Retail, Industrial, Mixed Use
Building Details
- Year Built
- 1996
Listing office Saurage Rotenberg Commercial Real Estate
Listing date May 23, 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 Saurage Rotenberg Commercial Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Over 6 acres of commercially zoned land
- +/-39,582 sf existing building (former car dealership)
- High traffic retail corridor with quick access to I‑12
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $617.5k | $15.60 |
| − Vacancy | −$24.7k | −$0.62 |
| EGI | $592.8k | $14.98 |
| − OpEx | −$222.3k | −$5.62 |
| NOI | $370.5k | $9.36 |
