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

    622 Shadows Ln Ste D Baton Rouge, LA 70806-6500

    • Commercial real estate
    • 2,160 SF
    • 1.00 lot acres
    OFF-MARKET
    Last Sale
    Oct 28, 2024
    $170,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-0886448
    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

    • Stephen M Zobrist DDS / Dental Office
    • Brian C. Chisholm, D.D.S. / Dental Office
    • Parker Orthodontics / Dental Office
    • Harbour John P DDS / Dental Office
    • Baton Rouge Dentures / Dental Office

    Property Details for 622 Shadows Ln Ste D

    Lot size
    1.00 lot acres
    Property size
    2,160 SF
    Property type
    Commercial real estate
    APN
    2316005
    APU
    2316005

    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
    State
    Louisiana
    Longitude
    -91.0978
    Latitude
    30.4457
    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
    $2,161
    $5,050
    $13,090
    $18,140
    -
    $50,500
    $87,267
    $137,767

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      1800 City Farm Dr Bldg, Unit 4

      COMMERCIAL CONDOMINUIM • 1.00 Acre
      1800 City Farm Dr Bldg, Baton Rouge, LA 70806-7500
      View Details
    • Value Estimation by Request
      1,279 SF

      5535 Florida Blvd, Unit G

      COMMERCIAL CONDOMINUIM • 1,279 SF
      5535 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • Value Estimation by Request
      2,065 SF

      5535 Florida Blvd, Unit A

      COMMERCIAL CONDOMINUIM • 2,065 SF
      5535 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • Value Estimation by Request
      1,279 SF

      5535 Florida Blvd, Unit F

      COMMERCIAL CONDOMINUIM • 1,279 SF
      5535 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • Value Estimation by Request
      605 SF

      7660 Goodwood Blvd

      COMMERCIAL CONDOMINUIM • 605 SF
      7660 Goodwood Blvd, Baton Rouge, LA 70806-7667
      View Details
    • Value Estimation by Request
      1,450 SF

      6509 Government St Ste D

      COMMERCIAL CONDOMINUIM • 1,450 SF
      6509 Government St Ste D, Baton Rouge, LA 70806-6238
      View Details

    Similar Nearby for Sale

    • $195,000

      Mid-City Baton Rouge Commercial Land

      Prime C-1 zoned land, redevelopment opportunity.
      4316 Government St, Baton Rouge, LA 70806
      View Details
    • Contact for pricing
      0.23 Acres

      Executive Park Commercial Lot 82

      Prime .23-acre commercial lot in Baton Rouge.
      840 Executive Park Ave, Baton Rouge, LA 70806
      View Details
    • $450,000
      1.00 Acre

      Altamonte Springs Office Suites

      Lakefront Office Space, Prime Location
      7300 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • $1,700,000
      3.00 Acres

      Baton Rouge Redevelopment Land

      3-acre commercial lot near Amazon.
      8500 Airway Dr, Baton Rouge, LA 70806
      View Details
    • $999,817
      7,222 SF

      Mid-City Baton Rouge Office Trio

      Three income-producing office buildings with ample parking.
      3950 3968 3978 Blvd, Baton Rouge, LA 70806
      View Details
    • $30,000
      0.33 Acres

      Executive Park Commercial Land

      Baton Rouge commercial lot, 0.33 acres.
      820 Executive Park Ave, Baton Rouge, LA 70806
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      10,000 SF

      Florida Blvd Retail Space

      Baton Rouge retail strip center, newly renovated.
      4373 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • $13 SF/Yr
      21,074 SF

      Goodwood Village Shopping Center

      Mid-City Baton Rouge retail & office space
      711 Jefferson Hwy, Baton Rouge, LA 70806
      View Details
    • $29 SF/Yr
      12,084 SF

      Jefferson Hwy Retail Center

      High-traffic retail space available
      7570 Jefferson Hwy, Baton Rouge, LA 70806
      View Details
    • $15 SF/Yr
      1,400 SF

      Professional Office Building For Rent

      Two-story office building with on-site management and covered parking.
      6554 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • $10 SF/Yr
      1,600 SF

      Second Level Office Space Available

      Office space for lease with convenient interstate access.
      759 S Acadian Thruway, Baton Rouge, LA 70806
      View Details
    • $1,750 /Mo
      925 SF

      Retail Space on High-Traffic Road

      End-unit retail space with high visibility and modern construction.
      2272 N Foster Dr, Baton Rouge, LA 70806
      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.
    622 Shadows Ln Ste D
    Baton Rouge, LA 70806-6500
    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.