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    Nicholson Dr Baton Rouge, LA 70810

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial Land: Retail, Office, Multifamily

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-23 acre commercial land parcel in Baton Rouge, Louisiana, presents a unique investment opportunity. Located on Nicholson Dr, zip code 70810, in the Lexington Estates neighborhood, this property offers unparalleled flexibility. The Planned Unit Development (PUD) zoning allows for a diverse range of commercial uses, including retail, office, multifamily, and outparcels. This versatile land is ideal for developers seeking build-to-suit options or established businesses looking for pad sites. The total acreage available spans a significant range, catering to projects of various scales. The property's strategic location within East Baton Rouge Parish provides excellent access to major transportation routes and a thriving local market. With its expansive size and flexible zoning, this land presents a rare chance to develop a significant commercial project in a high-demand area. The property's potential is further enhanced by its suitability for a mix of commercial uses, allowing for the creation of a vibrant and diverse development. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.

    Property Features for 0 Nicholson Dr

    General Information

    Property type
    Multifamily properties
    Lot Size
    43,560 SF

    HighLights

    • 1‑23 acre commercial land parcel in Baton Rouge, LA (70810), located on Nicholson Dr in Lexington Estates.
    • Planned Unit Development (PUD) zoning allows for retail, office, multifamily, and outparcel development.
    • Ideal for build‑to‑suit projects or pad sites, catering to various project scales.
    • Excellent access to major transportation routes and a thriving local market in East Baton Rouge Parish.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1346226
    Latitude
    30.3339336

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    FAQs

    What type of property is this?
    Multifamily property - Prime Commercial Land: Retail, Office, Multifamily
    Where is this multifamily property located?
    The property is located at Nicholson Dr Baton Rouge, LA.
    What are key features of this property?
    This property features: 1-23 acre commercial land parcel in Baton Rouge, LA (70810), located on Nicholson Dr in Lexington Estates.; Planned Unit Development (PUD) zoning allows for retail, office, multifamily, and outparcel development.; Ideal for build-to-suit projects or pad sites, catering to various project scales.
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    Nicholson Dr Baton Rouge, LA 70810
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    Realmo Value Estimation

    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.

    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.

    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
    Nicholson Dr Baton Rouge, LA 70810
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