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11559 Florida Blvd Baton Rouge, LA 70815

OFF-MARKET Investment properties Google Maps
33,980 SF 3.59 ac lot Built 1978
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$1.17M
Range $1.05M – $1.29M (±10%)
Property ID US36-0674255

Property summary

AI-generated overview

This ±62,999 square foot retail building, situated on 3.4 acres at 11559 Florida Blvd in Baton Rouge, Louisiana, presents a significant investment opportunity. The two-story structure boasts approximately 53,735 square feet on the first floor and 9,250 square feet on the second, featuring 20-foot ceiling clearance and ample parking. Its prime location at the intersection of N Sherwood Forest Dr and Florida Blvd ensures high visibility, with an estimated 55,020 vehicles passing daily. Currently zoned C-AB-2 (Commercial Alcoholic Beverage), allowing for bar and lounge uses, the property's versatility extends to warehouse storage or self-storage. The building's size and location within a rapidly developing area, fueled by recent investments such as a new 3,500,000 square foot Amazon distribution center and the arrival of national retailers like Starbucks, Aldi, and Northern Tool, make it an exceptional prospect for growth and return. The asking price is $1,600,000. This property offers a unique chance to capitalize on the revitalization of the Florida Blvd corridor in Baton Rouge. The zip code is 70815.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1978
Total area 33,980 SF
Lot 3.59 ac (156,380 SF)
APN 949582
UPID US36-0674255

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.17M

Owner & transaction history

since 2025
3 recorded transactions
2025
$1.6M
2021
$1.6M
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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