Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1551 O'neal Ln Baton Rouge, LA 70816
    Property profile & analytics

    1551 O'neal Ln, Baton Rouge, LA 70816

    View on Map
    • Retail properties & Spaces
    • 4.03 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1551 O'neal Ln

    Lot size
    4.03 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This ±4.03-acre commercial and industrial land parcel presents a unique investment opportunity in Baton Rouge, Louisiana. Located at 1551 O'Neal Lane, this property boasts ±4,615.31 feet of frontage along O'Neal Lane, providing exceptional visibility to an estimated 29,923 vehicles daily. Its strategic location offers immediate access to I-12, ensuring convenient access for customers and employees. The site is zoned C2 – Heavy Commercial, allowing for a wide range of development options, including retail establishments. The surrounding area is a thriving retail and residential submarket, anchored by major brands such as Walmart, Aldi, AMC Theatres, Starbucks, Walgreens, McDonald's, and Ochsner Medical Center, creating a strong foundation for future development. The property's Assessed Parcel Number (APN) is 2462230. This prime location and favorable zoning make this an ideal site for a variety of commercial ventures. The asking price for this exceptional property is $870,000. The property is situated in East Baton Rouge Parish, Louisiana, with a zip code of 70816.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.0076
    Latitude
    30.4467

    Comparable in this City

    • Value Estimation by Request
      4.03 Acres

      11670 Airline Hwy

      Multifamily properties
      11670 Airline Hwy, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      0.90 Acres

      1744 O'neal Ln

      Multifamily properties
      1744 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      1,018,535 SF

      2520 O'neal Ln

      Lifestyle centers
      2520 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      0.23 Acres

      11242 Harrells Ferry Rd

      Land
      11242 Harrells Ferry Rd, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request

      1683 O'neal Ln

      Individual retail properties
      1683 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      5,526 SF

      10777 Coursey Blvd

      Distribution properties
      10777 Coursey Blvd, Baton Rouge, LA 70816
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Redevelopment Site Available

      Corner lot suitable for retail redevelopment near Interstate 12.
      3275 Millerville Rd, Baton Rouge, LA 70816
      View Details
    • Contact for pricing
      14,000 SF

      Entertainment Investment Property For Sale

      Family entertainment property with go-kart track, batting cages, and putt-putt.
      10111 Gwenadele Ave, Baton Rouge, LA 70816
      View Details
    • Contact for pricing
      2,275 SF

      Veterinary Clinic on O'Neal Lane

      Commercial property featuring a well-maintained veterinary clinic in Baton Rouge.
      650 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • Contact for pricing

      1.24 Acres on Harrells Ferry

      Land available on Harrells Ferry Road, approximately 1.24 acres.
      15975 S Harrells Ferry Rd, Baton Rouge, LA 70816
      View Details
    • Contact for pricing
      54,976 SF

      Land For Sale

      Land available for sale.
      763 O'neal Ln, Baton Rouge, LA 70816
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Acres on Sherwood

      High-traffic commercial land available for ground lease or build-to-suit.
      3233 S Sherwood Forest Blvd, Baton Rouge, LA 70816
      View Details
    • $14 SF/Yr
      8,400 SF

      Parkview Plaza Retail Space Available

      1,200 SF Retail Space, High Traffic Area
      12524 Jefferson Hwy, Baton Rouge, LA 70816
      View Details
    • Contact for pricing

      Spacious Warehouse in Prime Location

      23,000 SF warehouse space with excellent access and visibility.
      1765 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • $7 SF/Yr
      12,000 SF

      10474 Mammoth Avenue, Baton Rouge, LA 70816

      Warehouses
      10474 Mammoth Ave, Baton Rouge, LA 70816
      View Details
    • Contact for pricing

      Retail Space For Rent

      Retail space available for lease in Baton Rouge, Louisiana.
      5830 S Sherwood Forest Blvd, Baton Rouge, LA 70816
      View Details
    • $22 SF/Yr

      Former Bank Branch For Lease

      2,600 SF former bank branch with drive-thru and vault.
      Baton, Baton Rouge, LA 70816
      View Details
    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.
    1551 O'neal Ln
    Baton Rouge, LA 70816
    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

    Thank You for Inquiry
    1551 O'neal Ln, Baton Rouge, LA, 70816
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!