Flex Warehouse with
9976 S Choctaw Dr Baton Rouge, LA 70815
9976 S Choctaw Dr, Baton Rouge, LA, 70815
$945,000
For Sale
$945,000
Two-story office fronts the site, with an 8,400 sf warehouse featuring multiple roll-up doors.
Property Size10,000 SF
Lot Size0.90 Acres
Price / SF$94.50
Days on Market381
Property Features for 9976 S Choctaw Dr
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.90 Acres
- Property subtype
- General Commercial
Listing agency
Castro Real Estate Services, LLC
(225) 936-7643
Listed by
Miguel Castro · License #995703492
(225) 936-7643
Source
Xome
Added: Jul 6, 2025 Updated: Jul 21 at 5:13AM Checked: Jul 21 at 5:13AM
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 Castro Real Estate Services, LLC
Investment Insights
Based on property information with market context.
Built in 2004, this flex warehouse property includes approximately 10,000 sf with a two-story office area upfront of about 1,600 sf. The rear warehouse component totals approximately 8,400 sf and features several roll-up doors for access and loading. The building needs some work, and the offering also includes land of approximately 39,465 sf (0.90 acres) across three parcels.
The site has approximately 150 feet of frontage on Choctaw, with a lot depth of about 263.10 feet. An electric gate is listed as part of the property.
Overall, the configuration combines office space with warehouse functionality within a single property setting, supported by multiple roll-up doors and a larger parcel footprint.
The site has approximately 150 feet of frontage on Choctaw, with a lot depth of about 263.10 feet. An electric gate is listed as part of the property.
Overall, the configuration combines office space with warehouse functionality within a single property setting, supported by multiple roll-up doors and a larger parcel footprint.
Key Highlights
- Approx. 10,000 SF two‑story office/warehouse building built in 2004
- Office space fronts the site with approx. 1,600 SF upfront; warehouse is approx. 8,400 SF
- Warehouse includes several roll‑up doors
Local Financial Insights For Warehouse
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 | $97.2k | $9.72 |
| − Vacancy | −$1.9k | −$0.19 |
| EGI | $95.3k | $9.53 |
| − OpEx | −$14.3k | −$1.43 |
| NOI | $81.0k | $8.10 |
10,000 SF · lease $9.72/SF/yr · vacancy 1.99% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.37M
$1.20M – $1.59M
NOI $95,648 @ 7.0% cap · market cap 10.12%
Second Best
Warehouse
$1.16M
$1.01M – $1.35M
NOI $80,976 @ 7.0% cap · market cap 8.57%
Theoretical Best
Specialty Retail
$2.39M
$2.10M – $2.79M
NOI $167,644 @ 7.0% cap · market cap 17.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Choctaw Stone and Granite
Building Supply
Woodshop LLC
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two-story office fronts the site, with an 8,400 sf warehouse featuring multiple roll-up doors.
Where is this flex space located?
The property is located at 9976 S Choctaw Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Approx. 10,000 SF two‑story office/warehouse building built in 2004; Office space fronts the site with approx. 1,600 SF upfront; warehouse is approx. 8,400 SF; Warehouse includes several roll‑up doors