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    Port Allen Warehouse with Office Title is generated by Realmo AI

    1510 Commercial Drive, Port Allen, LA 70767

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    For Lease
    $9 SF/Yr $6,000/Mo (calc)

    7,500 SF warehouse with 1,350 SF office space for lease.

    Type:Office
    Property size:
    7,500 SF
    Added:
    Nov 21, 2025
    Days on Market:
    187
    Last Refresh:
    May 9 at 12:31 am

    Property Features for 1510 Commercial Drive

    General Information

    Standard status
    Active
    Size
    7,500 SF
    Property subtype
    Office

    Spaces For Lease

    at 1510 Commercial Drive Contact us

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    Listing Contact
    Walt Ketchings, III

    Listing agent Walt Ketchings, III

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Walt Ketchings, III

    HighLights

    • Rapid access to I‑10 and LA‑Hwy 1 (less than two miles away).
    • 7,500‑sf warehouse with 1,350‑sf office space.
    • Stabilized, fenced half‑acre yard.
    • Five roll‑up doors.
    • Office space includes private offices, large open area, and full bathroom with shower.
    • Located in an industrial and distribution area near JB Hunt, Conn’s, and the Port of Greater Baton Rouge.

    Overview

    This free-standing warehouse with office space is available for lease. It features a stabilized, fenced yard. The building is approximately 7,500 square feet, including approximately 1,350 square feet of office space. The office area includes private offices, a large open area suitable for cubicles or conference space, and a full bathroom with a private shower. The non-conditioned warehouse offers a large open space of approximately 7,500 square feet with an eave height of 20 feet. Five roll-up doors provide access to the stabilized half-acre yard. A paved and lined surface lot in front of the fence offers ample parking. Located in Port Allen, across the Mississippi River bridge from Baton Rouge, the property provides rapid access to both I-10 and LA-Hwy 1, being less than two miles away. The location serves as an industrial and distribution point, near a drop yard and distribution centers for JB Hunt Transport Services and Conn’s. It is also approximately two miles from the Port of Greater Baton Rouge.
    Property Profile Location Intelligence

    Current Use by Public Records

    Miller Environmental Services, ... Environmental Consultant Precision Pump and Valve Factory

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Good Boy Storage — 1508 Court St, Port Allen, LA 70767

    Location Insight

    • Map
    • Local Demand
    City
    Port Allen
    County
    Natchitoches
    State
    Louisiana
    Longitude
    -91.2205
    Latitude
    30.4448

    Nearby Similar for Lease

    • $11 SF/Yr
      15,011 SF

      Functional Warehouse in Port Allen

      Industrial warehouse with office space for lease in Port Allen.
      775 Allendale Dr, Port Allen, LA 70767
      View Details
    • $6 SF/Yr
      15,522 SF

      West Baton Rouge Warehouse Space

      Warehouse space with fenced yard and multiple loading doors.
      1145 Commercial Drive, Port Allen, LA 70767
      View Details

    FAQs

    What type of property is this?
    Warehouse - 7,500 SF warehouse with 1,350 SF office space for lease.
    Where is this warehouse located?
    The property is located at 1510 Commercial Drive Port Allen, LA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Rapid access to I‑10 and LA‑Hwy 1 (less than two miles away).; **7,500‑sf warehouse with 1,350‑sf office space.**; Stabilized, fenced half‑acre yard.
    (225) 241-3110
    We can help!
    Listing Contact
    Walt Ketchings, III
    Request Owner's contact information
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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.

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