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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5013 Baker Blvd Baker, LA 70714

    • Commercial real estate
    • 1 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-2607573
    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

    • Commercial real estate

    Property Details for 5013 Baker Blvd

    Property size
    1 SF
    Property type
    Commercial real estate

    Description

    This exceptional 9-unit apartment building, located at 5013 Baker Blvd, Baker, LA 70714, presents a compelling multifamily investment opportunity. Priced at $599,000, this property offers a mix of 2-bedroom/1.5-bathroom and 3-bedroom/2.5-bathroom units, each thoughtfully designed for comfortable living. Residents enjoy tile flooring downstairs, fireplaces, two-car carports, and included appliances. The property is situated on a peaceful street, providing a tranquil living environment while maintaining convenient access to local amenities. Its strategic location offers approximately 3-minute access to both Highway 19/Main Street and Highway 67, and is approximately 1-minute from White Hills Elementary School. The well-maintained units contribute to strong rental income potential. Detailed financial information, including rent roll, income, and expense data, is available upon request. This income-producing portfolio represents a blend of comfort, convenience, and significant investment potential in a thriving community. This is an excellent opportunity for investors seeking to expand their holdings in a desirable location. The property's strong location and well-maintained units make it an attractive option for discerning investors. Contact us today to learn more and access the complete financial package.

    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
    Baker
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1468026
    Latitude
    30.5941288

    Comparable in this City

    • $290,000
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      Baker, LA Office Suites for Sale

      Prime Baker location, two suites, high visibility
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    • $309,000
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      Drive-Thru Building in Baker, LA

      1,500 SF building with drive-thru, perfect for QSR.
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    • $119,000
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      Land in Central School District

      3+ acre homesite in Baker, LA with utilities available.
      11283 Blackwater Rd, Baker, LA 70714
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    • $300,000
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      Unimproved Land in Growing Community

      10 acre land in a vibrant community near Central Place.
      11355 Gurney Rd, Baker, LA 70714
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    • $55,000

      Vacant Land in Baker, LA

      Vacant lot in new construction community, Baker, Louisiana.
      4519 Trinity Est Ln, Baker, LA 70714
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    • $139,000
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      Baker Main Street Commercial Property

      Prime Baker location, 1500 sq ft, high visibility.
      1332 Main St, Baker, LA 70714
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    Similar Nearby for Sale

    • $290,000
      4,085 SF

      Baker, LA Office Suites for Sale

      Prime Baker location, two suites, high visibility
      3010 Ray Weiland Dr, Baker, LA 70714
      View Details
    • $309,000
      1,500 SF

      Drive-Thru Building in Baker, LA

      1,500 SF building with drive-thru, perfect for QSR.
      3269 Groom Rd, Baker, LA 70714
      View Details
    • $119,000
      3.15 Acres

      Land in Central School District

      3+ acre homesite in Baker, LA with utilities available.
      11283 Blackwater Rd, Baker, LA 70714
      View Details
    • $300,000
      10.00 Acres

      Unimproved Land in Growing Community

      10 acre land in a vibrant community near Central Place.
      11355 Gurney Rd, Baker, LA 70714
      View Details
    • $55,000

      Vacant Land in Baker, LA

      Vacant lot in new construction community, Baker, Louisiana.
      4519 Trinity Est Ln, Baker, LA 70714
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    • $139,000
      1,500 SF

      Baker Main Street Commercial Property

      Prime Baker location, 1500 sq ft, high visibility.
      1332 Main St, Baker, LA 70714
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    Similar Nearby for Lease

    • $3 SF/Yr
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      Baker LA Warehouse for Lease

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      3000 Main St, Baker, LA 70714
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    • $2,300 /Mo

      Baker Warehouse Space For Rent

      Warehouse space in strip mall, convenient location, spacious parking.
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    • $2 SF/Yr
      60,000 SF

      ±60,000 SF Baker Industrial Complex

      Three-building industrial complex, flexible lease options.
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    • New
      $2,200 /Mo
      Pending

      Updated Commercial Suite For Rent

      Recently updated commercial suite with open floor plan for rent.
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    • $2,500 /Mo

      Baker Mixed-Use Space Available

      Retail/office/mixed-use space in Baker, convenient location, spacious parking.
      14504 Plank Rd, Baker, LA 70714
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    5013 Baker Blvd
    Baker, LA 70714
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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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