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    Property profile & analytics

    9660 S Choctaw Dr Baton Rouge, LA 70815

    • Flex space
    • 24,000 SF
    For Lease
    View listing
    $12 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-1221989
    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

    • Flex space

    Property Details for 9660 S Choctaw Dr

    Year built
    2024
    Property size
    24,000 SF
    Property type
    Flex space
    Property subtype
    Manufacturing properties

    Description

    This exceptional, newly constructed (2024) Class A industrial complex in Baton Rouge, LA, offers 24,000 square feet of flexible space across two single-story buildings. The gated property (key code entry) features four suites, ranging from 1,740 to 6,960 contiguous square feet, ideal for manufacturing, flex, or warehouse operations. Suites 300 and 400 in Building A include climate-controlled office space and restrooms. Building B's 6,960 square foot Suite 500 is available in shell condition and is divisible to accommodate various needs. Strategically located on a major commercial and industrial artery, this property provides easy access to key transportation routes, including proximity to Airline Highway (within approximately 2 miles) and Interstate 12 (approximately 10 minutes away). The location benefits from its close proximity to a new Amazon fulfillment center, presenting significant opportunities for business synergy and growth. The property is offered with a modified gross lease. The address is 9660 S Choctaw Dr, Baton Rouge, LA 70815, in East Baton Rouge Parish.

    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
    -91.07797874
    Latitude
    30.4719543

    Comparable in this City

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      50,600 SF

      Darryl Drive Office/Warehouse Space

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    • $10 SF/Yr
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      Class A Logistics Center

      New 240,000 SF distribution center in Baton Rouge, Louisiana.
      8800 Tom Dr, Baton Rouge, LA 70815
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    • $11 SF/Yr
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      Prime Baton Rouge Retail Space

      22,198 SF Retail Space Available
      8620 Airline Hwy, Baton Rouge, LA 70815
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    • $12 SF/Yr
      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
    • $16 SF/Yr
      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

    Similar Nearby for Sale

    • $1,670,000
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      Baton Rouge Industrial Property

      25,000 SF Warehouse/Manufacturing
      11210 Choctaw Dr, Baton Rouge, LA 70815
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    • $770,000
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      Baton Rouge Industrial Warehouse

      13,113 SF Warehouse - $770,000
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    • $920,000
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      Baton Rouge Warehouse - $920K

      Renovated industrial warehouse, excellent access.
      13625 Choctaw Dr, Baton Rouge, LA 70815
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    • $2,037,275
      22,695 SF

      Baton Rouge Office/Warehouse

      22,695 SF, High-Visibility Location
      8900 Choctaw Dr, Baton Rouge, LA 70815
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    • Contact for pricing

      Functional Warehouse and Distribution Space

      Warehouse and distribution space in North Baton Rouge industrial hub.
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    • $330,000
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      Baton Rouge Industrial Flex Space

      6,400 SF Flex Space, Value-Add Opportunity
      9526 Choctaw Dr, 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
    • $12 SF/Yr
      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
    • $16 SF/Yr
      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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