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

    8200 Vlg Plz Ct Baton Rouge, LA 70810-3854

    • Commercial real estate
    • 4,846 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    $550,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-1652840
    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

    • Bernard Wealth Management - Ameriprise Financial Services, LLC / Financial Advisor
    • Lenny Bernard - Private Wealth Advisor, Ameriprise Financial Services, LLC / Financial Advisor
    • Jason Hanner - Associate Financial Advisor, Ameriprise Financial Services, LLC / Financial Advisor
    • Rachel Thomas - Financial Advisor, Ameriprise Financial Services, LLC / Financial Advisor
    • Carmouche Construction Co Inc / Construction Company

    Property Details for 8200 Vlg Plz Ct

    Year built
    2015
    Lot size
    1.00 lot acres
    Property size
    4,846 SF
    Property type
    Commercial real estate
    APN
    3020819
    APU
    3020819

    Description

    Located in the prestigious Village at Willow Grove in East Baton Rouge Parish, this Class A office building offers four executive suites available for lease, ranging from 469 to 860 square feet. The building totals 9,974 square feet, with 2,451 square feet currently vacant. Each suite provides access to shared amenities including a conference room, break room, waiting/reception area, and two private restrooms. This vibrant, upscale development boasts a first-class facade and landscaping, offering a live/work/shop/dine experience. Enjoy the convenience of nearby restaurants and shops such as Reve Coffee Roasters, Bistro Byronz, Pizza Byronz, and more. The location on Perkins Road between Bluebonnet Boulevard and Siegen Lane sees high traffic volume, averaging 28,297 vehicles daily. Leases are modified gross, with tenants responsible for a $3 per square foot monthly CAM charge in addition to base rent, and a pro-rata share of utilities. The minimum leasable space is 480 square feet, with a maximum contiguous space of 860 square feet. This is an exceptional opportunity for businesses seeking a premium office space in a thriving Baton Rouge community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $755,000
      6.5%
      $700,000
      7%
      $650,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $761,000
      Market price range: $416k - $948k
      AI Estimate
      $441,000
      Market price range: $161k - $662k

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

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.0885
    Latitude
    30.3738
    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
    $8,436
    $5,150
    $67,360
    $72,510
    -
    $51,500
    $449,067
    $500,567

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      8160 Siegen Ln

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      8160 Siegen Ln, Baton Rouge, LA 70810
      View Details
    • Value Estimation by Request
      1.00 Acre

      Nicholson Dr

      Multifamily properties • 1.00 Acre
      0 Nicholson Dr, Baton Rouge, LA 70810
      View Details
    • Value Estimation by Request

      533 Highlandia Dr Ste C

      COMMERCIAL CONDOMINUIM
      533 Highlandia Dr Ste C, Baton Rouge, LA 70810-6060
      View Details
    • Value Estimation by Request
      610 SF

      8201 Vlg Plz Ct

      COMMERCIAL CONDOMINUIM • 610 SF
      8201 Vlg Plz Ct, Baton Rouge, LA 70810-3852
      View Details
    • Value Estimation by Request
      1.00 Acre

      9933 Hyacinth Ave

      Land • 1.00 Acre
      9933 Hyacinth Ave, Baton Rouge, LA 70810
      View Details
    • Value Estimation by Request

      9270 4th St

      COMMERCIAL CONDOMINUIM
      9270 4th St, Baton Rouge, LA 70810
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

      Renovated Condo with Perkins Rowe Views

      Upscale 2-bedroom condo with balcony and premium amenities.
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    • $28 SF/Yr
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      Baton Rouge Retail Space Available

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    • Contact for pricing
      15,930 SF

      Essen Lane Office Space Available

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      View Details
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    Baton Rouge, LA 70810-3854
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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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