Property profile

9624 Airline Hwy Baton Rouge, LA 70809

FOR SALE
Investment properties
Property ID
US36-0584559
122,875 SF 17.64 ac lot Built 1985
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Hammond Aire Plaza, located at 9624 Airline Hwy in Baton Rouge, Louisiana, presents a unique opportunity for businesses seeking Class A office space. This two-story, 349,857 square foot building offers multiple tenancy options within a vibrant retail and office complex. The property sits on a generous 18.81-acre lot in East Baton Rouge Parish, zip code 70809. Currently, there are 25,032 square feet of vacant space available, divisible into units ranging from a minimum of 1,149 square feet to a maximum contiguous space of 6,087 square feet. The building comprises a total of nine suites, catering to a variety of business needs. The property's "Executive Office," "Storefront," and "Strip Center" subtypes offer flexibility for diverse tenants. This prime location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the Baton Rouge market. The property's classification as Class A signifies its high-quality construction, modern amenities, and desirable location. Interested parties are encouraged to inquire about available spaces and lease terms.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1985
Total area 122,875 SF
Lot 17.64 ac (768,398 SF)
APN 851299
UPID US36-0584559

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

9624 Airline Hwy Baton Rouge, LA 70809
Baton Rouge metro Census 2000 BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.63M
Blend (final) Blend
$780k

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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