Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11656 Darryl Dr Baton Rouge, LA 70815-2137

    • Commercial land
    • 5,832 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-0622459
    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

    • Chandler's Parts & Service / HVAC Service / General Contractor

    Property Details for 11656 Darryl Dr

    Property size
    5,832 SF
    Property type
    Commercial land
    APN
    1021346
    APU
    1021346

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.0538
    Latitude
    30.4708
    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
    $405
    $3,400
    $0.00
    $3,400
    -
    $34,000
    $0.00
    $34,000

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      13140 Morlaix Ct

      VACANT COMMERCIAL LAND • 1.00 Acre
      13140 Morlaix Ct, Baton Rouge, LA 70815-2823
      View Details
    • Value Estimation by Request
      1.00 Acre

      11765 Darryl Dr

      VACANT COMMERCIAL LAND • 1.00 Acre
      11765 Darryl Dr, Baton Rouge, LA 70815-2140
      View Details
    • Value Estimation by Request
      1.00 Acre

      8329 Airline Hwy

      VACANT COMMERCIAL LAND • 1.00 Acre
      8329 Airline Hwy, Baton Rouge, LA 70815-8114
      View Details
    • Value Estimation by Request
      1.00 Acre

      Baton Rouge, LA 70815

      VACANT COMMERCIAL LAND • 1.00 Acre
      Baton Rouge, LA 70815
      View Details
    • Value Estimation by Request
      1.00 Acre

      Baton Rouge, LA 70815

      VACANT COMMERCIAL LAND • 1.00 Acre
      Baton Rouge, LA 70815
      View Details
    • Value Estimation by Request
      1.00 Acre

      Baton Rouge, LA 70815

      VACANT COMMERCIAL LAND • 1.00 Acre
      Baton Rouge, LA 70815
      View Details

    Similar Nearby for Sale

    • $800,000

      Commercial Land Near Amazon Center

      Commercial land with high visibility near Airline Hwy and retailers.
      8320 Airline Hwy, Baton Rouge, LA 70815
      View Details
    • $350,000

      Commercial Land For Sale

      0.75 acre commercial land suitable for office/warehouse.
      8968 S Choctaw Dr, Baton Rouge, LA 70815
      View Details
    • $800,000

      Prime Commercial Land Near Amazon

      2.3-acre development tract near Amazon fulfillment center with high visibility.
      8320 Airline Hwy, Baton Rouge, LA 70815
      View Details
    • $800,000
      2.30 Acres

      Airline Hwy Commercial Land

      ±2.3-acre development tract near Amazon.
      8320 Airline Hwy, Baton Rouge, LA 70815
      View Details
    • Contact for pricing
      0.11 Acres

      Residential Land in Baton Rouge

      Unimproved lot suitable for residential or multifamily development.
      1486 Marque Ann Dr, Baton Rouge, LA 70815
      View Details
    • $250,000
      1.84 Acres

      Florida Blvd Commercial Land

      1.84 Acres, C-2 Zoning, Prime Location
      9977 Florida Blvd, Baton Rouge, LA 70815
      View Details

    Similar Nearby for Lease

    • $900 /Mo
      600 SF

      Secured Retail Space on Florida

      600 SF commercial space with security features on Florida Blvd.
      8700 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $4 SF/Yr
      77,000 SF

      Monterrey Plaza: Office & Retail Spaces

      Prime location, flexible suites, high traffic.
      9257 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $9 SF/Yr
      11,786 SF

      Retail Space Available For Lease

      Retail space available for lease, offering 11,786 square feet.
      11430 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $4 SF/Yr
      43,100 SF

      Retail Space in Brown Shopping Center

      43,100 SF retail space with loading docks available for rent.
      12102 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $22 SF/Yr
      8,872 SF

      Broadmoor Village Retail Space

      Florida Blvd. retail center; 3,200 sq ft available
      9800 Florida Blvd, Baton Rouge, LA 70815
      View Details
    • $15 SF/Yr
      10,426 SF

      Florida Blvd Retail Center

      Baton Rouge retail space, high traffic area.
      9230 Florida Blvd, Baton Rouge, LA 70815
      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.
    11656 Darryl Dr
    Baton Rouge, LA 70815-2137
    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

    Google sign-in failed. Please try again or use another login method.