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    2493 Baywood Ave Baton Rouge, LA 70808

    Sponsored
    For Lease
    Contact for pricing

    Prime 1-Acre Commercial Lot Near LSU

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional 1-acre commercial land parcel presents a rare development opportunity in Baton Rouge's desirable Acadian to Perkins Road corridor. Located just 1.4 miles from the LSU campus, at the high-visibility intersection of Kalurah Street and Baywood Avenue, this site boasts significant exposure from both westbound Interstate-10 and Perkins Road. Currently zoned M-1, the property offers substantial potential for high-end real estate development. Detailed East Baton Rouge Parish Use Regulations and a survey are available upon request. This location benefits from its proximity to the ongoing $2.4 million+ Perkins Road Redevelopment Project, a community revitalization initiative that includes a new pedestrian and bike path, landscaping improvements, parking enhancements, and underpass lighting, with construction slated to begin in the fourth quarter of 2024. The site is currently undergoing demolition of existing structures, and the owner is actively considering proposals for land-only sales or built-to-suit NNN leases from reputable businesses seeking to contribute to this thriving neighborhood. This is an unparalleled chance to capitalize on a prime location in a rapidly developing area.

    Property Features for 2493 Baywood Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 1‑Acre commercial land parcel in prime Baton Rouge location.
    • Located 1.4 miles from LSU, at Kalurah St & Baywood Ave intersection.
    • High visibility from I‑10 and Perkins Road; M‑1 zoning.
    • Adjacent to the $2.4M+ Perkins Road Redevelopment Project.
    • Site improvements being demolished; land sale or build‑to‑suit NNN lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tri-State Road Boring ... General Contractor

    Suggested Use

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

    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
    -91.160136583124
    Latitude
    30.426309083438

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    FAQs

    What type of property is this?
    Land - Prime 1-Acre Commercial Lot Near LSU
    Where is this land located?
    The property is located at 2493 Baywood Ave Baton Rouge, LA.
    What are key features of this property?
    This property features: 1-Acre commercial land parcel in prime Baton Rouge location.; Located 1.4 miles from LSU, at Kalurah St & Baywood Ave intersection.; High visibility from I-10 and Perkins Road; M-1 zoning.
    Request Owner's contact information
    2493 Baywood Ave Baton Rouge, LA 70808
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    Baton Rouge, LA 70808
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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
    2493 Baywood Ave Baton Rouge, LA 70808
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