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Airport Land Lease Rates and Terms

      The rates are established based on fair market value are valid from Jan. 1, 2010 to Dec. 31, 2014. The land lease rates are established based on fair market value appraisal every five (5) years. However, the Airport regulates the escalation in the rental rates to not more than ten (10) percent of current value for each of the following five (5) year intervals.
 
2010-2014 LAND APPRAISAL RATES
 
 
 
SIZE (ACRES)
$ PER S.F.
$ PER ACRE
 
 
 
0 -.25 AC
$0.19
$8,276.40
0.25 - 0.5 AC 
 $0.17
$7,405.20 
0.5 - 0.75 AC
$0.17
$7,405.20
 0.75 - 1 AC
 $0.17
$7,405.20 
1 - 7 ACRES
$0.14
$6,098.40
7 - 10 ACRES 
$0.13 
 $5,662.80
10 20 ACRES
$0.11
$4,791.60
 20 30 ACRES
 $0.10
$4,356.00 
30 50 ACRES
$0.08
$3,484.80
OVER 50 ACRES 
 $0.06
 $2,613.60
 
 
 
 
      The Baton Rouge Metropolitan Airport has flexible terms to meet investor needs and priorities. All terms of all leases are subject to negotiation by and between the Baton Rouge Metropolitan Airport and the applying parties and/or interests. All terms agreed upon must comply with all FAA Regulations, Title II of Louisiana Law and subject to final recomendation and approval by the Baton Rouge Airport Commission and the East Baton Rouge Metropolitan Council.

 

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