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

    15742 Tiger Bend Rd Baton Rouge, LA 70820

    • Residential income homes
    • 11.30 lot acres
    For Sale
    View listing
    $985,396
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-2425286
    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

    • Favaron's Handyman Services LLC / Handyman/Handywoman/Handyperson

    Property Details for 15742 Tiger Bend Rd

    Lot size
    11.30 lot acres
    Property type
    Residential income homes
    Property subtype
    Self storage facilities
    APN
    019-8521-3

    Description

    This exceptional 11.3-acre tract, located at 15742 Tiger Bend Road in Baton Rouge, Louisiana (zip code 70820, APN 019-8521-3), presents a unique investment opportunity. The property boasts 300 feet of frontage on Tiger Bend Road and is zoned Rural. The land includes three residential lots, one of which currently features a house, offering immediate income potential or redevelopment options. The remaining 10+ acres provide ample space for a variety of uses, including multi-family residential, office space, retail development, or a retail pad. Its strategic location offers easy access to Woman's Hospital and is conveniently situated near numerous public and private schools. The surrounding area is characterized by single-family homes, indicating strong residential demand. The asking price is $985,396, translating to $87,203 per acre. This property's versatility and prime location make it an ideal choice for developers seeking a high-impact project in a thriving Baton Rouge community. The East Baton Rouge Parish location provides access to a robust infrastructure and a growing population. This is a rare opportunity to acquire a substantial land parcel with significant development potential in a desirable area.

    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 Parish
    State
    Louisiana
    Longitude
    -91.1833043
    Latitude
    30.372807

    Comparable in this City

    • $2,088,920
      8.34 Acres

      Jones Creek Road Development Land

      8.34 Acres, Prime Baton Rouge Location
      X-1 Jones Creek Rd, Baton Rouge, LA 70820
      View Details
    • $179,900
      1,582 SF

      Updated Condo Near LSU Campus

      Three-bedroom, two-bath condo with updates, near LSU campus.
      1741 Brightside Dr, Baton Rouge, LA 70820
      View Details
    • $545,000
      6,100 SF

      Baton Rouge Apartment Building Investment

      Six-unit multifamily, LSU proximity
      1155 Jim Taylor Dr, Baton Rouge, LA 70820
      View Details
    • $335,000

      Renovated Duplex Near LSU Campus

      Two-story duplex with new roof and renovated interior near LSU.
      1532 Sharlo Ave, Baton Rouge, LA 70820
      View Details
    • $300,000
      4,320 SF

      Baton Rouge Quadruplex Investment

      Four-unit property near Brightside Lane, great investment opportunity.
      5257 Brightside View Dr, Baton Rouge, LA 70820
      View Details
    • $900,000
      1.47 Acres

      Etta St

      Land • 1.47 Acres
      0 Etta St, Baton Rouge, LA 70820
      View Details

    Similar Nearby for Sale

    • $2,088,920
      8.34 Acres

      Jones Creek Road Development Land

      8.34 Acres, Prime Baton Rouge Location
      X-1 Jones Creek Rd, Baton Rouge, LA 70820
      View Details
    • $179,900
      1,582 SF

      Updated Condo Near LSU Campus

      Three-bedroom, two-bath condo with updates, near LSU campus.
      1741 Brightside Dr, Baton Rouge, LA 70820
      View Details
    • $545,000
      6,100 SF

      Baton Rouge Apartment Building Investment

      Six-unit multifamily, LSU proximity
      1155 Jim Taylor Dr, Baton Rouge, LA 70820
      View Details
    • $335,000

      Renovated Duplex Near LSU Campus

      Two-story duplex with new roof and renovated interior near LSU.
      1532 Sharlo Ave, Baton Rouge, LA 70820
      View Details
    • $300,000
      4,320 SF

      Baton Rouge Quadruplex Investment

      Four-unit property near Brightside Lane, great investment opportunity.
      5257 Brightside View Dr, Baton Rouge, LA 70820
      View Details
    • $900,000
      1.47 Acres

      Etta St

      Land • 1.47 Acres
      0 Etta St, Baton Rouge, LA 70820
      View Details

    Similar Nearby for Lease

    • $1,550 /Mo
      1,208 SF

      Condo Near LSU Bus Route

      Well-maintained condo with stainless appliances and pool access.
      5143 Nicholson Dr, Baton Rouge, LA 70820
      View Details
    • $18 SF/Yr
      19,200 SF

      Beau Chene Retail Space Available

      Baton Rouge retail space for lease.
      5251 Nicholson Dr, Baton Rouge, LA 70820
      View Details
    • $11 SF/Yr
      2,850 SF

      Retail Space in High-Growth Area

      Retail space available in a rapidly developing area.
      9329 Burbank Dr, Baton Rouge, LA 70820
      View Details
    • $10 SF/Yr
      1,400 SF

      Retail Space in High-Growth Area

      Retail space available in a rapidly developing area.
      9335 Burbank Dr, Baton Rouge, LA 70820
      View Details
    • $1.00 SF/Yr
      15,000 SF

      Kenilworth Crossing: Retail Opportunity

      Prime South Baton Rouge Shopping Center Space Available
      0 Burbank Dr, Baton Rouge, LA 70820
      View Details
    • $28 SF/Yr
      6,944 SF

      Prime Burbank Retail Center

      High-traffic location, 5 spaces available
      9151 Burbank Dr, Baton Rouge, LA 70820
      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.
    15742 Tiger Bend Rd
    Baton Rouge, LA 70820
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.