Financial
Distress signals
Property profile

10218 Sullivan Rd Baton Rouge, LA 70818

FOR LEASE
Investment properties
Property ID
US36-0469423
14,525 SF 1.23 ac lot Built 2004
Last sale Jan 2020 · $2,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 10218 Sullivan Road in Central, Louisiana, 70818, within a thriving multi-tenant strip center. The property boasts a total of 14,525 square feet, with 3,800 square feet currently vacant. Units are divisible to a minimum of 1,400 square feet, with a maximum contiguous space of 2,400 square feet. The single-story building sits on a 1.28-acre lot and enjoys a prime location near a high-traffic intersection (approximately 37,000 vehicles per…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$290k
Assessed land$90k
Assessed improvement$200k
Effective rate13.24%

Value estimate

· Sep 2026
$2.81M
$2.53M – $3.09M
AI approach$2.60M
CAP approach$2.09M
Submarket $/SF estimate$2.45M
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$122
Operating expenses−$9k
NOI · 121,694.44% cap applied$22k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$107/SF
Submarket average, outlier-cleaned · 772 recorded sales of this use type
Observed band · Q1–Q3$56 – $172
Qualifying comparables7

Cap rate analysis

How does the asset earn?
121,694.44%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionEAST BATON ROUGE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.1
Wholesale Shop13.9
Building Supply12.4

Location

10218 Sullivan Rd Baton Rouge, LA 70818
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14790 Wax, Baton Rouge, LA 70818-4287 $2,600,000 Oct 2023 13,600 SF
12228 Hooper, Baton Rouge, LA 70818-3503 $600,000 May 2023 8,344 SF
13435 Hooper, Baton Rouge, LA 70818-2910 $924,000 Feb 2022 2,700 SF
9550 Hooper, Baton Rouge, LA 70818-4503 $800,000 May 2021 4,000 SF
9783 Hooper, Baton Rouge, LA 70818-4602 $106,000 Jul 2020 4,042 SF
9995 Hooper, Baton Rouge, LA 70818-4606 $1,400,000 Oct 2019 6,976 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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