Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6681 La-1 Addis, LA 70710
    Back to Search
    Property profile & analytics

    6681 La-1 Addis, LA 70710

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 6681 La-1

    Property type
    Land

    Description

    This exceptional one-acre commercial lot (43,560 sq ft, APN 014700017700) is located at 6681 LA-1 in Addis, Louisiana, 70710. Boasting 143 feet of frontage on Highway 1, this commercially zoned property offers unparalleled visibility and accessibility, with daily traffic counts exceeding 37,422 vehicles. Its prime location is adjacent to Benedetto's Market and across from the YMCA, ensuring high foot traffic and a strong customer base. All utilities are available on-site. The lot is cleared and situated in Flood Zone X. This property presents a remarkable opportunity for a variety of commercial uses, including retail, office, fast food, banking, and medical offices. The surrounding area features a diverse mix of businesses, schools, and residential areas, creating a thriving commercial hub. The property's dimensions are 143' x 307'. This is an ideal location to capitalize on the bustling commercial activity in Addis, Louisiana, and the strong presence of nearby businesses such as Lit Pizza, Walk-on's, Pit Stop Car Wash, Atheno's Greek & Lebanese Cafe, Louisiana Bayou Bistro, Brusly High School, Louisiana Dental Center, Westside YMCA, Addis Self Storage, Le Petite Learning Center, Side Porch Daiquiris, and Fajitas to Geaux. The asking price is $679,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Addis
    County
    West Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.2538
    Latitude
    30.3731

    Comparable in this City

    • Value Estimation by Request
      0.55 Acres

      Sugar Plantation Pkwy

      Land • 0.55 Acres
      0 Sugar Plantation Pkwy, Addis, LA 70710
      View Details
    • Value Estimation by Request
      6.63 Acres

      River Rd

      Farms • 6.63 Acres
      0 River Rd, Addis, LA 70710
      View Details
    • Value Estimation by Request

      3911 New Prosperity Ln

      Land
      3911 New Prosperity Ln, Addis, LA 70710
      View Details
    • Value Estimation by Request

      3452 Bird Hts Ave

      COMMERCIAL (GENERAL)
      3452 Bird Hts Ave, Addis, LA 70710-2013
      View Details
    • Value Estimation by Request
      1.19 Acres

      7534 La Hwy 1st S

      COMMERCIAL (GENERAL) • 1.19 Acres
      7534 La Hwy 1st S, Addis, LA 70710-2143
      View Details
    • Value Estimation by Request
      0.62 Acres

      7884 6th St

      COMMERCIAL (GENERAL) • 0.62 Acres
      7884 6th St, Addis, LA 70710-2341
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      23,295 SF Lot For Sale

      Land lot available for sale.
      3911 New Prosperity Ln, Addis, LA 70710
      View Details
    • Contact for pricing

      Mississippi Riverfront Land in Addis

      6.63 acres of riverfront land with development potential.
      S River Rd, Addis, LA 70710
      View Details
    • Contact for pricing

      Addis Commercial Lot For Sale

      One-acre commercial lot with 143 feet of frontage.
      6681 La-1, Addis, LA 70710
      View Details
    • $200,000
      0.59 Acres

      Addis Commercial Property - $200K

      Versatile Addis commercial building, 0.59 acres.
      7827 La Highway 1, Addis, LA 70710
      View Details
    • Contact for pricing

      Addis Office Pad Site

      Prime 0.55-acre office pad site in growing subdivision.
      Sugar Plantation Pkwy, Addis, LA 70710
      View Details
    • $1,500,000
      7,700 SF

      Addis Commercial Building on Highway

      7,700 SF commercial building on LA Hwy 1 for sale.
      7530 La Highway 1, Addis, LA 70710
      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.
    6681 La-1
    Addis, LA 70710
    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
    6681 La-1, Addis, LA, 70710
    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!