Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14875 Coursey Blvd Baton Rouge, LA 70816
    Property profile & analytics

    14875 Coursey Blvd Baton Rouge, LA 70816

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

    Current Use by Public Records

    • Land

    Property Details for 14875 Coursey Blvd

    Lot size
    0.58 lot acres
    Property type
    Land

    Description

    This exceptional .58 to 1.58-acre commercial land parcel, located at 14875 Coursey Blvd in Baton Rouge, Louisiana, presents a unique investment opportunity. Zoned C, this property offers significant potential for diverse development projects. Its versatile zoning allows for a range of uses, including commercial, hospitality, multi-family, office, retail, and retail pad developments. The expansive lot size provides ample space for ambitious projects, catering to various scales and designs. Situated in the vibrant East Baton Rouge Parish, with a 70816 zip code, this location benefits from excellent visibility and accessibility, ensuring high traffic and potential customer reach. The asking price for this prime development land is $800,000. This property represents a compelling investment opportunity for developers seeking to capitalize on the thriving Baton Rouge market. Its strategic location and flexible zoning make it an ideal site for a variety of commercial ventures, promising substantial returns on investment. The property's size allows for flexibility in project scope, accommodating both large-scale and smaller developments. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. Contact us today to learn more and schedule a site visit.

    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
    -91.017
    Latitude
    30.4088

    Comparable in this City

    • Value Estimation by Request
      1.27 Acres

      O'neal Ln

      Land • 1.27 Acres
      0 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      1.56 Acres

      Coursey Blvd

      Land • 1.56 Acres
      0 Coursey Blvd, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      0.90 Acres

      1744 O'neal Ln

      Multifamily properties • 39,204 SF
      1744 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      1.24 Acres

      15975 Harrells Ferry Rd

      Land • 1.24 Acres
      15975 Harrells Ferry Rd, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      2.28 Acres

      2825 Millerville Rd

      Land • 2.28 Acres
      2825 Millerville Rd, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      12.93 Acres

      1444 O'neal Ln

      Land • 12.93 Acres
      1444 O'neal Ln, Baton Rouge, LA 70816
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Vacant Land on Jones Creek

      2.268 acres of vacant land, ideal for development.
      3135 Jones Creek Rd, Baton Rouge, LA 70816
      View Details
    • Contact for pricing

      Land Available for Sale

      Land available for sale after RaceTrac purchase.
      3092 Millerville 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
    • 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

      Cleared Land For Sale

      2.63 acres of cleared, high, and dry land.
      S Harrells Ferry Rd, Baton Rouge, LA 70816
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      4444 American Way, Baton Rouge, LA 70816
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Baton Rouge Commercial Land Opportunity

      Cleared commercial land for lease or build-to-suit in Baton Rouge.
      11785 Longridge Ave, Baton Rouge, LA 70816
      View Details
    • 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
    • $8 SF/Yr
      16,500 SF

      American Way Office Suites

      Baton Rouge executive office space.
      4444 American Way, Baton Rouge, LA 70816
      View Details
    • $8 SF/Yr
      50,182 SF

      Reeve's Shopping Center: Prime Retail Space

      High-traffic retail center; two spaces available.
      10770 Harrells Ferry Rd, Baton Rouge, LA 70816
      View Details
    • Contact for pricing

      Affordable Office Space For Rent

      Move-in ready office space with kitchen and bath.
      11832 Newcastle Ave, Baton Rouge, LA 70816
      View Details
    • Contact for pricing

      End Unit Office Suite

      Office suite with large offices, reception area, and kitchenette.
      11960 Bricksome Ave, 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.
    14875 Coursey Blvd
    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
    14875 Coursey Blvd, 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!