Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1919 Staring Ln Baton Rouge, LA 70808

    • Neighborhood centers
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Perkins South Shopping Center / Shopping Center & Mall
    • Ollie's Bargain Outlet / Carpet & Flooring Store / Hardware & Home Improvement
    • Rustic House Furniture / Furniture & Home Goods / Home Decor Store

    Property Details for 1919 Staring Ln

    Property type
    Neighborhood centers
    Property subtype
    Retail properties

    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
    -91.1123
    Latitude
    30.3927

    Comparable in this City

    • Value Estimation by Request
      18,200 SF

      3617 Perkins Rd

      Neighborhood centers • 18,200 SF
      3617 Perkins Rd, Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request
      70,080 SF

      5241 Highland Rd

      Lifestyle centers • 70,080 SF
      5241 Highland Rd, Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request
      94,328 SF

      3653 Perkins Rd

      Lifestyle centers • 94,328 SF
      3653 Perkins Rd, Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request

      2950 College Dr

      Neighborhood centers
      2950 College Dr, Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request
      14,000 SF

      4469 Perkins Rd

      Retail properties • 14,000 SF
      4469 Perkins Rd, Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request
      2,286 SF

      2223 Quail Run Dr

      Medical offices • 2,286 SF
      2223 Quail Run Dr, Baton Rouge, LA 70808
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      New Restaurant Next to LSU

      Brand new restaurant property near Louisiana State University campus.
      805 W Lee Dr, Baton Rouge, LA 70808
      View Details
    • Contact for pricing
      14,000 SF

      Retail Shops Near Sprouts Market

      Retail spaces available in Rouzan, adjacent to Sprouts Farmers Market.
      Rouzan Ave, Baton Rouge, LA 70808
      View Details
    • $5,750,000
      34,325 SF

      Baton Rouge Big-Box Retail

      High-visibility retail space, I-10 frontage.
      2590 Citiplace Ct, Baton Rouge, LA 70808
      View Details
    • $217,500
      0.14 Acres

      Residential Land in Rouzan Community

      Residential lot in vibrant Baton Rouge community with amenities.
      1804 Dauphine St, Baton Rouge, LA 70808
      View Details
    • $1,125,000
      5,720 SF

      Multifamily Near LSU

      Multifamily properties • 5,720 SF
      428 Boyd Dr, Baton Rouge, LA 70808
      View Details
    • $480,000
      0.41 Acres

      Baton Rouge Commercial Land - Highland Rd

      Prime .41-acre commercial lot, ready for development.
      7391 Highland Rd, Baton Rouge, LA 70808
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      4,000 SF

      Baton Rouge Retail Space - 4000 SF

      Prime Restaurant Space, High Visibility, LSU Proximity
      220 Lee Dr, Baton Rouge, LA 70808
      View Details
    • Contact for pricing
      434 SF

      Acadian Perkins Plaza Retail Space

      Prime retail space in high-traffic Baton Rouge shopping center.
      3613 Perkins Rd, Baton Rouge, LA 70808
      View Details
    • $25 SF/Yr
      1,341 SF

      Perkins Road Retail Space

      Baton Rouge retail space, 1341 sq ft.
      3043 Perkins Rd, Baton Rouge, LA 70808
      View Details
    • $15 SF/Yr
      94,328 SF

      Acadian Perkins Retail Space

      9,598 SF Retail Opportunity, Baton Rouge
      3653 Perkins Rd, Baton Rouge, LA 70808
      View Details
    • $20 SF/Yr
      18,200 SF

      Baton Rouge Retail Spaces Available

      Prime Perkins Road location, two suites available
      3617 Perkins Rd, Baton Rouge, LA 70808
      View Details
    • $15 SF/Yr
      30,762 SF

      Lee Drive Retail Center

      Baton Rouge retail space, 5,612 sq ft available
      257 Lee Dr, Baton Rouge, LA 70808
      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.
    1919 Staring Ln
    Baton Rouge, LA 70808
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!