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    1564 Nicholson Dr Baton Rouge, LA 70802

    For Sale
    $2,230,272

    2.05 Acres, Mixed-Use Potential

    Property size:
    13,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.05-acre property in Baton Rouge, LA, boasts 258 feet of frontage on Nicholson Drive, offering unparalleled access between Downtown Baton Rouge and Louisiana State University. Currently zoned C1, C2, C-AB-2, and M1, future land use plans designate this site for mixed-use development. The property includes a 13,500 square foot building and an asphalt/gravel surface lot, presenting a unique opportunity for redevelopment. Its prime location benefits from proximity to significant developments, including the 35-acre Water Campus, the River House (220+ luxury apartments), the planned River District (40 acres), and the Nicholson Gateway (1,500 student beds and 50,000 square feet of retail). The asking price is $2,230,272, with a price per square foot of $165.21 and a land value of $1,087,937 per acre. A curb cut on Mc Clung Street provides convenient access from Nicholson Drive. This opportunity zone property offers substantial potential for investors seeking high-impact development in a thriving urban area. The property's address is 1564 Nicholson Drive, Baton Rouge, LA 70802, with APN 008-9955-0.

    Property Features for 1564 Nicholson Dr

    General Information

    Property type
    Day care centers
    Square Feet
    13,500 SF
    Lot Size
    89,298 SF

    HighLights

    • 2.05‑acre site on Nicholson Drive, Baton Rouge, between Downtown and LSU.
    • 258 feet of frontage on Nicholson Drive with curb cut on Mc Clung Street.
    • 13,500 square foot building and asphalt/gravel lot.
    • Currently zoned C1, C2, C‑AB‑2, and M1; future mixed‑use zoning.
    • Surrounded by significant developments including the Water Campus, River House apartments, River District, and Nicholson Gateway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lighthouse Christian Fellowship ... Church

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1878449
    Latitude
    30.4333103

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    FAQs

    What type of property is this?
    Day care center - 2.05 Acres, Mixed-Use Potential
    Where is this day care center located?
    The property is located at 1564 Nicholson Dr Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $2,230,272.
    What are key features of this property?
    This property features: 2.05-acre site on Nicholson Drive, Baton Rouge, between Downtown and LSU.; 258 feet of frontage on Nicholson Drive with curb cut on Mc Clung Street.; 13,500 square foot building and asphalt/gravel lot.
    Request Owner's contact information
    1564 Nicholson Dr Baton Rouge, LA 70802
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    Baton Rouge, LA 70802
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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
    1564 Nicholson Dr Baton Rouge, LA 70802
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