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Property profile & analytics
FOR SALE
Investment properties
11711 Sun Belt Ct Baton Rouge, LA 70809
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US36-0146992
For Sale
1 / 16
$1,010,000
11711 Sun Belt Ct, Baton Rouge, LA 70809
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1985
Total area
11,040 SF
Lot
1 ac (43,560 SF)
APN
257184
UPID
US36-0146992
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Gallo Mechanical Services.llc General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$700k
Blend (final)
Blend
$920k
Owner & transaction history
Coursey Court LLC · 4 yrs held
Coursey Court LLC
since 2021
Last sale
$980,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Baton Rouge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Baton Rouge submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$840,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $980k (Nov 3 2021)
Last sale anchor
$980k
Nov 3 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$83 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,457
Tax year 2023
Assessed value
$122,500
Assessed 2023
Previous assessed
$122,500
+0.0% YoY
Effective rate
11.80%
On assessed value
Assessed land
$10,000
Assessed improvement
$112,500
Land market value
$100,000
Improvement market value
$750,000
Total market value
$850,000
Applied tax rate
99,033.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
1985
Heating
NONE
Total area
11,040 SF
Lot
1 ac (43,560 SF)
APN
257184
UPID
US36-0146992
Jurisdiction
EAST BATON ROUGE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Coursey Court LLC
Entity
Mailing address
4141 BIENVILLE ST STE #100, NEW ORLEANS, LA 70119-5198
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2021
—
Coursey Court LLC
—
Deed
related
$833,000 · Hancock Whitney Bank
Nov 3, 2021
$980,000
Coursey Court LLC
Bell Mechanical Holdings LLC
Deed
$833,000 · Hancock Whitney Bank
Aug 4, 2011
$635,000
Bell Mechanical Holdings LLC
Pinnacle Warehousing LLC
Grant Deed
related
$508,000 · Mid South Bank
Apr 27, 2010
$550,000
Pinnacle Warehousing LLC
Couvillion,brent J & Carolyn P
Grant Deed
—
Sep 11, 2007
$475,000
Brent J Couvillion
Pinnacle Warehousing
Warranty Deed
$50,000 · Bancorp South Bank
Jun 21, 2006
$6,278
Pro Tax Builders LLC
Sheriff & Tax Collector Of East B
Tax Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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