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    Property profile & analytics

    6240 Bluebonnet Blvd Baton Rouge, LA 70809

    • Investment properties
    • 11,677 SF
    • 0.81 lot acres
    For Sale
    View listing
    $2,200,000
    Value Estimation
    Location Intelligence
    Property ID
    US36-0600942
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 6240 Bluebonnet Blvd

    Year built
    1989
    Lot size
    0.81 lot acres
    Property size
    11,677 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    497932
    APU
    497932

    Description

    This exceptional 35,458 sq ft commercial property at 6240 Bluebonnet Blvd, Baton Rouge, LA 70809, is offered at $2,200,000 ($62.05/sq ft land value). The property boasts a prime location on Bluebonnet Boulevard, near I-10 and directly across from the Mall of Louisiana, ensuring high visibility and accessibility. Its C-2 zoning provides flexibility for various commercial uses, although it restricts fuel, alcohol, and tobacco sales. The site features a convenient median cut with two points of ingress/egress and a northbound turn lane, enhancing traffic flow and customer convenience. This former Racetrac location presents a unique opportunity for redevelopment. The seller is open to considering a Raceway franchise agreement with qualified operators. The property's APN is 004-9793-2. This is an excellent investment opportunity for businesses seeking a high-traffic location in a thriving retail area. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.0901
    Latitude
    30.3932
    CBSA code
    12940
    CBSA name
    BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,684
    $35,330
    $47,950
    $83,280
    -
    $353,300
    $319,667
    $672,967

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    Baton Rouge, LA 70809
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    Realmo Value Estimation

    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.

    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.

    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
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