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    Property profile & analytics

    5151 Plank Rd Baton Rouge, LA 70805

    • Investment properties
    • 173,000 SF
    For Lease
    View listing
    Value Estimation
    $675,000
    Location Intelligence
    Property ID
    US36-1180904
    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

    • Just Kids Dental / Walk-In Clinic / Dentist
    • Dr. Anne Rob Sommers / Dentist
    • Dr. Caroline Black, DDS / Dentist
    • Caroline Black / Dentist
    • Dr. Ryan Shinska, DDS / Dentist

    Property Details for 5151 Plank Rd

    Year built
    1958
    Property size
    173,000 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    271101
    APU
    271101

    Description

    Delmont Village Shopping Center, a vibrant retail hub in Baton Rouge's northwestern quadrant, presents a unique investment opportunity. Built in 1955 and boasting a remarkable history as Baton Rouge's longest continually operating shopping center, this property offers 161,292 square feet of retail space. Currently 97% occupied, the center comprises a main building housing twenty-two retail and medical tenants, and three separate outparcels occupied by a fast-food restaurant, a national bank, and a cafeteria. The main building offers multiple suites for lease, with a minimum divisible space of 1,673 square feet and a maximum contiguous space of 3,306 square feet. A total of three suites are currently available, totaling 8,064 square feet of vacant space. Strategically located on Plank Road off I-110, with convenient access from Airline Highway (Route 61), Delmont Village benefits from its high visibility and easy accessibility within a densely populated area. Its long-standing success speaks to its enduring appeal and loyal customer base, cultivated since 1959. This established center provides a strong foundation for future growth and profitability. The property's location in East Baton Rouge Parish ensures access to a thriving market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $730,000

    • CAP approach

      CAP return
      Estimation
      6%
      $690,000
      6.5%
      $690,000
      7%
      $750,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $750,000
      Geo Method
      $640,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $610,000
      Retail
      $660,000
      Mixed-Use
      $590,000
      Hospitality
      $585,000
      Educational
      $680,000
      Residential Income
      $680,000
      Energy
      $745,000
      Income-Based Land
      $605,000
      Food Service
      $715,000

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.155
    Latitude
    30.4956
    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
    $13,117
    $2,060
    $108,050
    $110,110
    -
    $20,600
    $720,333
    $740,933

    Comparable in this City

    • Value Estimation by Request

      2618 Osage St

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    • Value Estimation by Request
      3.00 Acres

      5420 Plank Rd

      STORE/OFFICE (MIXED USE) • 3.00 Acres
      5420 Plank Rd, Baton Rouge, LA 70805
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    • Value Estimation by Request

      4637 Plank Rd

      STORE/OFFICE (MIXED USE)
      4637 Plank Rd, Baton Rouge, LA 70805-4140
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      4115 Plank Rd

      STORE/OFFICE (MIXED USE)
      4115 Plank Rd, Baton Rouge, LA 70805-4924
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      3404 Plank Rd

      STORE/OFFICE (MIXED USE)
      3404 Plank Rd, Baton Rouge, LA 70805-6529
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    • Value Estimation by Request

      2701 Plank Rd

      STORE/OFFICE (MIXED USE)
      2701 Plank Rd, Baton Rouge, LA 70805-8032
      View Details

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    5151 Plank Rd
    Baton Rouge, LA 70805
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    Realmo Value Estimation

    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.

    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.

    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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