Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9373 Baringer Foreman Rd Baton Rouge, LA 70817

    • Commercial real estate
    • 1.00 lot acres
    For Sale
    View listing
    $814,875
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-2382190
    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 9373 Baringer Foreman Rd

    Lot size
    1.00 lot acres
    Property type
    Commercial real estate
    APN
    30823049
    APU
    30823049

    Description

    This exceptional Class A medical office pad site, totaling 4.16 acres, is located in South Baton Rouge's premier professional and medical office park at the signalized intersection of Airline Hwy and Baringer Foreman Rd, near Long Farm Village. The property offers 47,473 square feet of potential buildable space with 42,685 square feet of net rentable area. The asking price is $814,875, translating to $76.26 per square foot. Built in 2018, this multi-tenant property features five buildings, each one story, and is zoned C2. The site boasts excellent infrastructure, including ample parking, two points of ingress and egress, and monument signage. Two of the five buildings are already complete. This location offers close proximity to Woman's Hospital, The Crossing retail development, and Baringer Foreman Tech Park. Build-to-suit packages and turnkey delivery of office space are negotiable. This is a unique opportunity to establish a presence in a thriving, high-demand area. The land value alone is $3,322,036 per acre. This property is situated in East Baton Rouge Parish, Louisiana, with the address 9373 Baringer Foreman Road, Baton Rouge, LA 70817.

    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
    State
    Louisiana
    Longitude
    -90.98
    Latitude
    30.3752
    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
    $12,443
    $5,150
    $101,930
    $107,080
    -
    $51,500
    $679,533
    $731,033

    Comparable in this City

    • Value Estimation by Request
      66.00 Acres

      Baringer Rd

      Mixed-use properties • 66.00 Acres
      0 Baringer Rd, Baton Rouge, LA 70817
      View Details
    • Value Estimation by Request
      1.92 Acres

      15801 George Oneal Rd

      Land • 1.92 Acres
      15801 George Oneal Rd, Baton Rouge, LA 70817
      View Details
    • Value Estimation by Request
      7.29 Acres

      Tract X Parcel 3 Tiger Bnd At Hickory Rdg

      Land • 7.29 Acres
      Tract X Parcel 3 Tiger Bnd At Hickory Rdg, Baton Rouge, LA 70817
      View Details
    • Value Estimation by Request
      0.57 Acres

      16935 Jefferson Hwy

      Land • 0.57 Acres
      16935 Jefferson Hwy, Baton Rouge, LA 70817
      View Details
    • Value Estimation by Request
      1.35 Acres

      14631 Vlg Market St

      Land • 10,000 SF
      14631 Vlg Market St, Baton Rouge, LA 70817
      View Details
    • Value Estimation by Request
      1,132 SF

      17461 Jefferson Hwy Ste D

      COMMERCIAL CONDOMINUIM • 1,132 SF
      17461 Jefferson Hwy Ste D, Baton Rouge, LA 70817-7320
      View Details

    Similar Nearby for Sale

    • $615,024
      2.02 Acres

      Prime Baton Rouge Commercial Land

      2 Acres, C-2 Zoning, High Traffic
      15450 George Oneal Rd, Baton Rouge, LA 70817
      View Details
    • $1,100,000
      15,700 SF

      Baton Rouge Commercial Property

      Versatile 15,700 SF building, 3+ acres
      6308 Quinn Dr, Baton Rouge, LA 70817
      View Details
    • $74,500
      0.30 Acres

      Residential Lot in Audubon Parc

      Residential lot in Audubon Parc Subdivision, backs up to a pond.
      6271 Wood Wren Dr, Baton Rouge, LA 70817
      View Details
    • $710,899
      1.92 Acres

      15801 George Oneal Rd

      Land • 1.92 Acres
      15801 George Oneal Rd, Baton Rouge, LA 70817
      View Details
    • $895,000

      Airline Hwy Commercial Land Parcel

      Baton Rouge, LA: Pad-Ready Retail Site
      14221 Airline Hwy, Baton Rouge, LA 70817
      View Details
    • $120,000
      0.11 Acres

      Residential Land in Materra Community

      Residential land for sale in Materra, near Woman’s Hospital.
      14314 Farris Dr, Baton Rouge, LA 70817
      View Details

    Similar Nearby for Lease

    • $700 /Mo

      Furnished Room for Beauty Business

      Furnished room with sink, ideal for beauty professionals.
      14111 Airline Hwy, Baton Rouge, LA 70817
      View Details
    • Contact for pricing
      10,685 SF

      Premier Office Park in Baton Rouge

      Professional and medical office park south of Woman's Hospital.
      9373 Baringer Foreman Rd, Baton Rouge, LA 70817
      View Details
    • $27 SF/Yr
      11,403 SF

      Long Farm Village Retail Space

      Baton Rouge retail space, flexible suites available.
      9659 Antioch Blvd, Baton Rouge, LA 70817
      View Details
    • $22 SF/Yr
      6,500 SF

      Jefferson Hwy Medical Office Space

      Baton Rouge medical office: 2,500 sq ft available
      17250 Jefferson Hwy, Baton Rouge, LA 70817
      View Details
    • Contact for pricing
      91,134 SF

      Woodlawn Park Retail Center

      Baton Rouge retail space, 6 units available.
      6600 Jones Creek Rd, Baton Rouge, LA 70817
      View Details
    • $18 SF/Yr
      7,822 SF

      Coursey Blvd Retail Space

      High-traffic retail center, Baton Rouge.
      14140 Coursey Blvd, Baton Rouge, LA 70817
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9373 Baringer Foreman Rd
    Baton Rouge, LA 70817
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.