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    Property profile & analytics

    8450 Madrid Ave Baton Rouge, LA 70814

    • Investment properties
    • 25,726 SF
    For Lease
    View listing
    $7 SF/Yr
    Value Estimation
    $1,010,000
    Last Sale
    May 09, 2024
    $1,000,000
    Location Intelligence
    Property ID
    US36-1178195
    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

    • Williams Floor Covering / Flooring Store
    • Andre's Upholstery & Custom / Auto Upholsterer
    • Wood Fx Cabinets / Cabinet Maker

    Property Details for 8450 Madrid Ave

    Property size
    25,726 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    1095773
    APU
    1095773

    Description

    Three renovated warehouse/office spaces are available for lease at 8450 Madrid Ave, Baton Rouge, LA 70814. This multi-tenant complex is situated in a thriving manufacturing hub, conveniently located off S Choctaw, between Airline and Oak Villa. The property offers ample parking and easy access to local amenities. Units range in size from approximately 1,600 square feet to approximately 2,000 square feet. Two units are approximately 2,000 square feet (Units C and E), and one unit is approximately 1,600 square feet (Unit I). All units are undergoing complete renovations under new ownership and are available for pre-leasing. The location provides significant advantages for businesses involved in logistics and distribution, being approximately 5-6 minutes from a new 3,500,000 square foot Amazon fulfillment center. This proximity ensures excellent access to a large workforce and high daytime traffic. This property is perfect for companies seeking flexible lease terms in a revitalizing area of Baton Rouge. Leases are gross lease type.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $970,000
      6.5%
      $905,000
      7%
      $890,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,125,000
      Geo Method
      $985,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,035,000
      Retail
      $1,100,000
      Mixed-Use
      $870,000
      Hospitality
      $1,045,000
      Educational
      $1,045,000
      Residential Income
      $1,110,000
      Energy
      $975,000
      Income-Based Land
      $875,000
      Food Service
      $1,155,000

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1006
    Latitude
    30.474
    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
    $3,901
    $2,730
    $30,020
    $32,750
    -
    $27,300
    $200,133
    $227,433

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      4230 Flannery Rd

      STORE/OFFICE (MIXED USE) • 3.00 Acres
      4230 Flannery Rd, Baton Rouge, LA 70814-8009
      View Details
    • Value Estimation by Request
      4,200 SF

      9146 Mammoth Ave

      STORE/OFFICE (MIXED USE) • 4,200 SF
      9146 Mammoth Ave, Baton Rouge, LA 70814-2627
      View Details
    • Value Estimation by Request
      12,500 SF

      10471 Mammoth Ave

      STORE/OFFICE (MIXED USE) • 12,500 SF
      10471 Mammoth Ave, Baton Rouge, LA 70814-4426
      View Details
    • Value Estimation by Request
      3,000 SF

      10165 Mammoth Ave

      STORE/OFFICE (MIXED USE) • 3,000 SF
      10165 Mammoth Ave, Baton Rouge, LA 70814-4421
      View Details
    • Value Estimation by Request
      22,422 SF

      10757 Dual Dr

      STORE/OFFICE (MIXED USE) • 22,422 SF
      10757 Dual Dr, Baton Rouge, LA 70814-4904
      View Details
    • Value Estimation by Request
      2,600 SF

      11047 Dual Dr

      STORE/OFFICE (MIXED USE) • 2,600 SF
      11047 Dual Dr, Baton Rouge, LA 70814-5310
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    Similar Nearby for Lease

    • $2.00 SF/Yr
      24,179 SF

      Prime Office/Warehouse Space Available

      Versatile Industrial Space for Lease
      10609 Dual St, Baton Rouge, LA 70814
      View Details
    • $17 SF/Yr
      12,000 SF

      Warehouse Plaza: New Baton Rouge Space

      Modern warehouse suites, now leasing.
      9353 Mammoth Ave, Baton Rouge, LA 70814
      View Details
    • $12 SF/Yr
      73,000 SF

      Monterrey & Mammoth Industrial Park

      Baton Rouge warehouse space, 3,500-35,000 SF
      0 Baton Rouge Ln, Baton Rouge, LA 70814
      View Details
    • $7 SF/Yr
      2,000 SF

      Manufacturing Space Near Amazon Center

      Industrial space in manufacturing hub with access to Amazon center.
      8450 Madrid Ave, Baton Rouge, LA 70814
      View Details
    • $6 SF/Yr
      22,500 SF

      22,500 SF Industrial Buildings

      Two industrial buildings totaling 22,500 SF available for lease.
      2642 Meeker Dr, Baton Rouge, LA 70814
      View Details
    • $19 SF/Yr
      13,824 SF

      Freestanding Retail with Drive-Thru

      Former CVS with drive-thru on a hard corner location.
      9006 Greenwell Springs Rd, Baton Rouge, LA 70814
      View Details
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    8450 Madrid Ave
    Baton Rouge, LA 70814
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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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