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Property profile & analytics
OFF-MARKET
Lifestyle centers

2142 O'neal Ln Baton Rouge, LA 70816

73,606 SF 6.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 73,606 square foot shopping center in Baton Rouge, Louisiana, anchored by a Dollar Tree and featuring 12 additional tenants. Located at 2142 O'Neal Lane, this prime retail property boasts a 7.44% cap rate and a net operating income (NOI) of $589,404, with an asking price of $7,920,000. The property sits on a 6.508-acre lot, offering significant visibility and accessibility due to its location near Interstate 12, Walmart Supercenter, and Aldi Grocery. The center benefits from high traffic counts generated by nearby national retailers and Ochsner Medical Center. This multi-tenant shopping center includes 16 units and features two signalized entrances. An optional 13,000 square foot outparcel, valued at $260,000, is also available for purchase. Furthermore, an adjacent 1.487-acre vacant land parcel is available for $400,000, presenting additional development potential. All tenants are credit-rated, ensuring a stable income stream. The property's strong financials, prime location, and expansion possibilities make it an attractive investment for discerning buyers. Detailed lease information is available upon request.

Property profile
Verified
Property type Lifestyle centers
Total area 73,606 SF
Lot 6.51 ac (283,488 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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