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

    6711 Perkins Rd Baton Rouge, LA 70808-4263

    • Commercial real estate
    • 4,184 SF
    OFF-MARKET
    Value Estimations
    $670,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-2620741
    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

    • Cockfield Jackson architects / Architect / Architecture Firm

    Property Details for 6711 Perkins Rd

    Year built
    1997
    Property size
    4,184 SF
    Property type
    Commercial real estate
    APN
    1133683
    APU
    1133683

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $655,000
      6.5%
      $600,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $590,000
      Market price range: $146k - $591k

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

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1216
    Latitude
    30.4046
    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
    $10,429
    $22,040
    $65,510
    $87,550
    -
    $220,400
    $436,733
    $657,133

    Comparable in this City

    • Value Estimation by Request
      14,000 SF

      4469 Perkins Rd

      Retail properties • 14,000 SF
      4469 Perkins Rd, Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request
      9.44 Acres

      8660 Highland Rd

      Land • 9.44 Acres
      8660 Highland Rd, Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request
      0.96 Acres

      5151 Highland Rd

      Land • 0.96 Acres
      5151 Highland Rd, Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request
      2.66 Acres

      8510 Highland Rd

      Land • 2.66 Acres
      8510 Highland Rd, Baton Rouge, LA 70808
      View Details
    • Value Estimation by Request
      0.09 Acres

      5637 Bankers Ave

      COMMERCIAL CONDOMINUIM • 0.09 Acres
      5637 Bankers Ave, Baton Rouge, LA 70808-2610
      View Details
    • Value Estimation by Request
      1,210 SF

      7248 Perkins Rd E E Ste

      COMMERCIAL CONDOMINUIM • 1,210 SF
      7248 Perkins Rd E E Ste, Baton Rouge, LA 70808-4786
      View Details

    Similar Nearby for Sale

    • $1,160,000
      2.66 Acres

      Highland Road Development Opportunity

      ±2.66-Acre Commercial Land in Baton Rouge
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      View Details
    • $480,000
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      Baton Rouge Commercial Land - Highland Rd

      Prime .41-acre commercial lot, ready for development.
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    • $1,325,000
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      Highland Road Commercial Land

      Prime Baton Rouge location, 0.96 acres.
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    • $1,500,000
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      Highland Road Commercial Land

      9.44 Acres, Baton Rouge, LA
      8660 Highland Rd, Baton Rouge, LA 70808
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    • $419,000
      1,734 SF

      Modern Townhouse Near LSU Lakes

      Stylish two-story townhouse near Perkins Overpass and LSU Lakes.
      2529 Fiero St, Baton Rouge, LA 70808
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    • $2,995,000
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      Scenic Land with Paved Access

      Gated 14+ acre property with pond and amenities.
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    Similar Nearby for Lease

    • $20 SF/Yr
      11,503 SF

      Nicholson Dr Retail Spaces

      LSU Area Retail Opportunity
      4001 Nicholson Dr, Baton Rouge, LA 70808
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    • $12 SF/Yr
      14,000 SF

      Retail Space at Prime Intersection

      Retail space available at the corner of College Drive and Perkins Road.
      4469 Perkins Rd, Baton Rouge, LA 70808
      View Details
    • $11 SF/Yr
      64,740 SF

      Retail Space in Baton Rouge

      Retail property available for lease in Baton Rouge, Louisiana.
      2950 College Dr, Baton Rouge, LA 70808
      View Details
    • $21 SF/Yr
      3,201 SF

      Six-Story Office Building For Rent

      Six-story office building with high visibility and signage opportunities.
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    • $15 SF/Yr
      4,000 SF

      Baton Rouge Retail Space - 4000 SF

      Prime Restaurant Space, High Visibility, LSU Proximity
      220 Lee Dr, Baton Rouge, LA 70808
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    • $5,750,000
      9,034 SF

      Retail Space in Citiplace

      Retail space with interstate frontage in mixed-use development.
      2590 Citiplace Ct, Baton Rouge, LA 70808
      View Details
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    6711 Perkins Rd
    Baton Rouge, LA 70808-4263
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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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