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

    8510 Highland Rd Baton Rouge, LA 70808

    • Commercial real estate
    • 2.66 lot acres
    For Sale
    View listing
    $1,160,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-2490903
    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

    • Commercial real estate

    Property Details for 8510 Highland Rd

    Lot size
    2.66 lot acres
    Property type
    Commercial real estate

    Description

    This ±2.66-acre commercial and residential land parcel, located at 8510 Highland Road in Baton Rouge, Louisiana, presents a unique redevelopment opportunity. Zoned A1, the property boasts approximately 230 feet of frontage on Highland Road, offering excellent visibility and accessibility. Situated in an Opportunity Zone, this site benefits from potential tax advantages. While three existing residential structures and a pool are included in the sale at no value, the primary focus is the land's development potential. The property's rich history, including its role as the "Highland Stockade" during the Civil War, adds to its character. Its proximity to the Benton at Magnolia Woods mixed-use development (under construction across Highland Road), the Stockade Bed & Breakfast, Interstate 10 (3.2 miles), and the LSU campus (4.0 miles) enhances its appeal. An adjacent ±9.44-acre wooded parcel is also available for purchase, allowing for the acquisition of up to ±12.1 acres. The asking price for this ±2.66-acre lot is $1,160,000. This property is ideal for investors seeking a prime location with significant development potential in a thriving area of Baton Rouge. The zip code is 70808.

    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 Parish
    State
    Louisiana
    Longitude
    -91.1253007
    Latitude
    30.3701613

    Comparable in this City

    • $329,800
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      LSU Lakes Condo with Updates

      Updated two-bedroom condo on LSU lakes, ideal for game days.
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    • $7,200,000
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      Baton Rouge Hospitality/Residential Redevelopment Opportunity

      96,229 SF building on 4.6 acres near I-10.
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    • $1,125,000
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      Multifamily Near LSU

      Multifamily properties • 5,720 SF
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    • $419,000
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      Modern Townhouse Near LSU Lakes

      Stylish two-story townhouse near Perkins Overpass and LSU Lakes.
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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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    • $399,900
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      Cleared Lot in Zee Zee Gardens

      Cleared lot in established neighborhood, ideal for building.
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    Similar Nearby for Sale

    • $329,800
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      LSU Lakes Condo with Updates

      Updated two-bedroom condo on LSU lakes, ideal for game days.
      1509 Stanford Ave, Baton Rouge, LA 70808
      View Details
    • $7,200,000
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      Baton Rouge Hospitality/Residential Redevelopment Opportunity

      96,229 SF building on 4.6 acres near I-10.
      2683 Energy Dr, Baton Rouge, LA 70808
      View Details
    • $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
      View Details
    • $1,125,000
      5,720 SF

      Multifamily Near LSU

      Multifamily properties • 5,720 SF
      428 Boyd Dr, Baton Rouge, LA 70808
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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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    • $399,900
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      Cleared Lot in Zee Zee Gardens

      Cleared lot in established neighborhood, ideal for building.
      2192 Christian St, Baton Rouge, LA 70808
      View Details

    Similar Nearby for Lease

    • $3,300 /Mo

      Lake View Condominium for Rent

      Baton Rouge condo with lake views, hardwood floors, and terraces.
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    • Contact for pricing

      LSU Area Development Land

      Prime 1-Acre Commercial Lot Near LSU
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    • $20 SF/Yr
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      Prime Baton Rouge Office Space

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    • $12 SF/Yr
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      Perkins Road Retail Opportunity

      High-traffic retail space, Baton Rouge.
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    • $21 SF/Yr
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      Upscale Baton Rouge Retail Spaces

      Prime retail spaces, Baton Rouge, LA.
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    • $1,500 /Mo

      Updated Town-home in University Gardens

      Recently renovated two-bedroom town-home with modern amenities in University Gardens.
      2293 Hollydale Ave, Baton Rouge, LA 70808
      View Details
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    8510 Highland Rd
    Baton Rouge, LA 70808
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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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