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    Property profile & analytics

    8794 Choctaw Dr Baton Rouge, LA 70815

    • Distribution centers
    • 1.57 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-1095600
    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

    • Distribution centers

    Property Details for 8794 Choctaw Dr

    Lot size
    1.57 lot acres
    Property type
    Distribution centers
    APN
    643777

    Description

    This 1.57-acre parcel in Baton Rouge, LA, offers a prime opportunity for industrial development. Located at 8794 S Choctaw Dr, this build-ready lot boasts approximately 233 feet of frontage on S Choctaw Dr, experiencing approximately 16,686 daily vehicle traffic. The property features a pre-existing gravel parking lot and is zoned M1 – Light Industrial, making it ideal for various industrial uses. Its strategic location provides convenient access to major thoroughfares like Airline Hwy and Florida Blvd, and is situated within approximately a 2-3 minute drive of a new, large Amazon distribution center. The property's APN is 643777. This exceptional location, combined with its build-ready status and convenient access to key transportation routes, presents a compelling investment opportunity. The asking price is $297,000. This is a rare chance to acquire a well-positioned industrial lot in a thriving area with significant growth potential.

    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
    -91.093795505399
    Latitude
    30.471469840037

    Comparable in this City

    • $920,000
      13,862 SF

      Baton Rouge Warehouse - $920K

      Renovated industrial warehouse, excellent access.
      13625 Choctaw Dr, Baton Rouge, LA 70815
      View Details
    • $770,000
      13,113 SF

      Baton Rouge Industrial Warehouse

      13,113 SF Warehouse - $770,000
      7991 Commerce Ave, Baton Rouge, LA 70815
      View Details
    • $2,037,275
      22,695 SF

      Baton Rouge Office/Warehouse

      22,695 SF, High-Visibility Location
      8900 Choctaw Dr, Baton Rouge, LA 70815
      View Details
    • $1,670,000
      25,000 SF

      Baton Rouge Industrial Property

      25,000 SF Warehouse/Manufacturing
      11210 Choctaw Dr, Baton Rouge, LA 70815
      View Details
    • Contact for pricing

      Functional Warehouse and Distribution Space

      Warehouse and distribution space in North Baton Rouge industrial hub.
      7984 Commerce Ave, Baton Rouge, LA 70815
      View Details
    • Contact for pricing

      New Distribution Center in Baton Rouge

      240,000 SF distribution center under construction, completion Q1 2026.
      8800 Tom Dr, Baton Rouge, LA 70815
      View Details

    Similar Nearby for Sale

    • $920,000
      13,862 SF

      Baton Rouge Warehouse - $920K

      Renovated industrial warehouse, excellent access.
      13625 Choctaw Dr, Baton Rouge, LA 70815
      View Details
    • $770,000
      13,113 SF

      Baton Rouge Industrial Warehouse

      13,113 SF Warehouse - $770,000
      7991 Commerce Ave, Baton Rouge, LA 70815
      View Details
    • $2,037,275
      22,695 SF

      Baton Rouge Office/Warehouse

      22,695 SF, High-Visibility Location
      8900 Choctaw Dr, Baton Rouge, LA 70815
      View Details
    • $1,670,000
      25,000 SF

      Baton Rouge Industrial Property

      25,000 SF Warehouse/Manufacturing
      11210 Choctaw Dr, Baton Rouge, LA 70815
      View Details
    • Contact for pricing

      New Distribution Center in Baton Rouge

      240,000 SF distribution center under construction, completion Q1 2026.
      8800 Tom Dr, Baton Rouge, LA 70815
      View Details
    • Contact for pricing

      Functional Warehouse and Distribution Space

      Warehouse and distribution space in North Baton Rouge industrial hub.
      7984 Commerce Ave, Baton Rouge, LA 70815
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      50,600 SF

      Darryl Drive Office/Warehouse Space

      Executive suites, flexible lease terms.
      11765 Darryl Dr, Baton Rouge, LA 70815
      View Details
    • $10 SF/Yr
      240,000 SF

      Class A Logistics Center

      New 240,000 SF distribution center in Baton Rouge, Louisiana.
      8800 Tom Dr, Baton Rouge, LA 70815
      View Details
    • $11 SF/Yr
      45,198 SF

      Prime Baton Rouge Retail Space

      22,198 SF Retail Space Available
      8620 Airline Hwy, Baton Rouge, LA 70815
      View Details
    • Contact for pricing
      1,740 SF

      New Industrial Flex Space Available

      Newly constructed, gated industrial complex with buildout opportunities.
      9660 S Choctaw Dr, Baton Rouge, LA 70815
      View Details
    • Contact for pricing
      7,088 SF

      Office/Flex Space For Lease

      Office and flex space available for lease with signage opportunity.
      8900 S Choctaw Dr, Baton Rouge, LA 70815
      View Details
    • $15 SF/Yr
      9,999 SF

      Prime Baton Rouge Office Space

      1,400 SF Available, High Traffic Location
      9244 Florida Blvd, Baton Rouge, LA 70815
      View Details
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    Baton Rouge, LA 70815
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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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