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    1213 Commercial Dr Port Allen, LA 70767
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    Property profile & analytics

    1213 Commercial Dr Port Allen, LA 70767

    View on Map
    • Commercial real estate
    • 0.69 lot acres
    Off-Market
    Property ID
    US36-2415687
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Academy of Early Learning / High School / Daycare Center

    Property Details for 1213 Commercial Dr

    Lot size
    0.69 lot acres
    Property type
    Commercial real estate

    Description

    This fully functional daycare center in Port Allen, Louisiana presents a unique investment opportunity. Located at 1213 Commercial Dr, 70767, this 5,755 square foot facility sits on a spacious 0.69-acre lot, offering ample space for children's activities. The property includes multiple classrooms and well-designed play areas, all built with safety and comfort in mind. A fenced outdoor play area and ample parking are also key features. The daycare is equipped and ready for immediate operation, eliminating the need for extensive renovations or setup. Its prime location provides strong visibility and convenient access to both sides of the Mississippi River. This turnkey operation is ideal for an entrepreneur seeking an established childcare business or an investor looking to expand their portfolio. Furniture, fixtures, and equipment (FF&E) are available for purchase separately. The asking price is $749,999.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Allen
    County
    West Baton Rouge
    State
    Louisiana
    Longitude
    -91.2141334
    Latitude
    30.4444714

    Comparable in this City

    • Contact for pricing

      Highway Frontage Industrial Land

      Industrial land with highway and river road frontage.
      Highway 190, Port Allen, LA 70767
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      Land in Opportunity Zone

      Land near Port and Mississippi River in Opportunity Zone.
      Us-190, Port Allen, LA 70767
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    • $1,620,000

      Prime Commercial Land Available

      3.3 acres at the corner of LA-1 and American Way.
      2002 American Way, Port Allen, LA 70767
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      Highway 190 Commercial Land Tract

      20-acre tract with highway frontage suitable for commercial or agricultural.
      Tract B Hwy 190, Port Allen, LA 70767
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      Port Allen Commercial Land Available

      Commercial land for sale near Highway 1 in Port Allen.
      1832 W Shr Ave, Port Allen, LA 70767
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    • $149,000
      2.43 Acres

      Waterfront Land in Port Allen

      2.43 acre waterfront property with stocked pond and river access.
      841 Poydras Bayou Dr, Port Allen, LA 70767
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    Similar Nearby for Sale

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      Port Allen Commercial Land Available

      Commercial land for sale near Highway 1 in Port Allen.
      1832 W Shr Ave, Port Allen, LA 70767
      View Details
    • Contact for pricing

      Highway 190 Commercial Land Tract

      20-acre tract with highway frontage suitable for commercial or agricultural.
      Tract B Hwy 190, Port Allen, LA 70767
      View Details
    • $149,000
      2.43 Acres

      Waterfront Land in Port Allen

      2.43 acre waterfront property with stocked pond and river access.
      841 Poydras Bayou Dr, Port Allen, LA 70767
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Court St, Port Allen, LA 70767
      View Details
    • Contact for pricing

      Corner Lot on American Way

      1.31 acre corner lot, ideal for build-to-suit.
      2233 American Way, Port Allen, LA 70767
      View Details
    • $100,000
      0.44 Acres

      Residential Land in Port Allen

      Prime lot in Port Allen, build your custom dream home.
      2218 Silverstone Ave, Port Allen, LA 70767
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    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space in Port Allen

      Commercial property available for rent in Port Allen, Louisiana.
      2070 Commercial Dr, Port Allen, LA 70767
      View Details
    • Contact for pricing

      Industrial Land For Lease

      Industrial land available for lease with highway frontage.
      Us-190, Port Allen, LA 70767
      View Details
    • Contact for pricing

      Prime Retail Corridor Land Lease

      Ground lease opportunity in Hammond's retail corridor near Interstate 55.
      3031 Highway 190 West, Hammond, LA 70767
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    • Contact for pricing

      Industrial Yard for Lease

      6.5 acre industrial yard available for lease.
      Liberty Dr, Port Allen, LA 70767
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    • $7,000 /Mo

      Port Allen Industrial Laydown Yard

      4-acre industrial laydown yard with full utilities and lighting.
      838 S 190, Port Allen, LA 70767
      View Details
    • $11 SF/Yr

      Functional Warehouse in Port Allen

      Industrial warehouse with office space for lease in Port Allen.
      775 Allendale Dr, Port Allen, LA 70767
      View Details
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    Port Allen, LA 70767
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    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
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