Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    13211 Coursey Blvd Baton Rouge, LA 70816
    Back to Search
    Property profile & analytics

    13211 Coursey Blvd Baton Rouge, LA 70816

    View on Map
    • Neighborhood centers
    • 6,634 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 13211 Coursey Blvd

    Year built
    2024
    Property size
    6,634 SF
    Property type
    Neighborhood centers
    Property subtype
    Community centers

    Description

    This brand-new, Class A shopping center in Baton Rouge, Louisiana offers 6,634 square feet of retail space, perfectly situated at 13211 Coursey Blvd, at the cross streets of Stumberg Lane & Jones Creek Rd. The property boasts five individual suites, ranging in size from 1,204 to 1,511 square feet, ideal for a variety of retail businesses. Built in 2024, the single-story building features ample parking with approximately 33 spaces available for customers and employees. The property is zoned C-2 and its APN is 011-8063-0 within East Baton Rouge Parish, submarket 43. This is a multi-tenant property offering excellent visibility and accessibility. The location provides convenient access for customers and is situated in a thriving commercial area. The modern design and construction ensure a high-quality space for tenants. This is an exceptional opportunity to establish or expand your business in a prime Baton Rouge location. The property is ready for immediate occupancy. Contact us today to learn more about leasing opportunities and secure your space in this exciting new development.

    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
    -91.0321
    Latitude
    30.4089

    Comparable in this City

    • Value Estimation by Request
      73,606 SF

      2142 O'neal Ln

      Lifestyle centers • 73,606 SF
      2142 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      1,018,535 SF

      2520 O'neal Ln

      Lifestyle centers • 1,018,535 SF
      2520 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      14,160 SF

      1962 O'neal Ln

      Community centers • 14,160 SF
      1962 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request

      11834 Coursey Blvd

      Neighborhood centers
      11834 Coursey Blvd, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      5,240 SF

      1962 O'neal Ln

      Neighborhood centers • 5,240 SF
      1962 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • Value Estimation by Request
      14,933 SF

      13505 Millerville Grn Blvd

      Individual retail properties • 14,933 SF
      13505 Millerville Grn 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

      Prime Retail Lot on Airline

      Retail lot available on Airline Hwy, Baton Rouge.
      9755 Airline Hwy, 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
    • $989,000
      1.16 Acres

      Baton Rouge Retail Investment Opportunity

      14,256 sqft neighborhood center in high-traffic corridor for sale.
      1962 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • $120,000
      1,100 SF

      Retail/Service Suite Near Aveda Institute

      1,100 sq ft retail/service suite in high-traffic location.
      2834 S Sherwood Forest Blvd, Baton Rouge, LA 70816
      View Details

    Similar Nearby for Lease

    • $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
    • $16 SF/Yr

      Retail Center on Airline Highway

      Retail center with high visibility and ample parking available for lease.
      9945 Airline Hwy, Baton Rouge, LA 70816
      View Details
    • $15 SF/Yr

      Retail Space on O'Neal Lane

      1,200 SF retail suite for lease on O'Neal Lane.
      2565 O'neal Ln, 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

      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
    • $15 SF/Yr

      Retail Space in Carrington Plaza

      Retail space available in Carrington Plaza with existing plumbing.
      13180 Coursey Blvd, 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.
    13211 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
    13211 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!