Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Nicholson Dr Baton Rouge, LA 70802

    For Sale
    $650,000

    Prime 0.51-acre lot near LSU. High traffic count.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.51-acre commercial land parcel presents a remarkable development opportunity. Ideally situated on Nicholson Drive in Baton Rouge, Louisiana, this property boasts a prime location just outside the LSU gates, offering unparalleled access to the university, the vibrant downtown area, and the Water Campus. The site is zoned PUD (Planned Unit Development), allowing for a variety of potential uses. With a 2017 traffic count exceeding 25,000 vehicles daily, this location ensures high visibility and accessibility. The property's strategic position along the Nicholson corridor, a key thoroughfare connecting downtown Baton Rouge, the Water Campus, and LSU, further enhances its value and potential. The asking price is $650,000, translating to $1,274,509 per acre. The APN is 537233. This is a rare chance to acquire a highly desirable commercial lot in a rapidly growing area with significant development potential. The property's proximity to LSU, the Water Campus, and downtown Baton Rouge makes it an attractive investment for a wide range of commercial ventures. Don't miss this opportunity to secure a piece of Baton Rouge's thriving commercial landscape.

    Property Features for 0 Nicholson Dr

    General Information

    Property type
    Multifamily properties
    Lot Size
    22,216 SF

    HighLights

    • 0.51‑acre vacant land parcel on Nicholson Drive, Baton Rouge.
    • Prime location near LSU, the Water Campus, and downtown Baton Rouge.
    • PUD zoning allows for diverse development opportunities.
    • High visibility with approx. 25,000 daily traffic count (2017).
    • Situated on the Nicholson Corridor, connecting key Baton Rouge areas.
    • $1,274,509 per acre; total asking price $650,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1876942
    Latitude
    30.4245797

    Nearby Similar for Sale

    • $600,000
      3,107 SF

      Updated Historical Property in Baton Rouge

      Commercial property with private entrance, parking, and large unfinished basement.
      2340 Government St, Baton Rouge, LA 70806
      View Details
    • $300,000
      Pending

      Baton Rouge Quadruplex Investment

      Four-unit property near Brightside Lane, great investment opportunity.
      5257 Brightside View Dr, Baton Rouge, LA 70820
      View Details
    • $235,000
      2,296 SF

      Renovated Duplex: Investment Opportunity

      Updated duplex with strong rental potential near schools and amenities.
      12320-12322 Warfield Ave, Baton Rouge, LA 70815
      View Details
    • $320,000
      2,640 SF

      New Triplex in Baton Rouge

      Move-in ready triplex with modern finishes and efficient design.
      126 W Harrison St, Baton Rouge, LA 70802
      View Details
    • New
      $320,000
      Pending

      Updated Four-Unit Apartment Complex

      Fully updated four-unit apartment complex with immediate income.
      1706 Boulevard De Province, Baton Rouge, LA 70816
      View Details
    • $228,888
      3,056 SF

      Baton Rouge Office Building For Sale

      Office building near I-12/Sherwood with ample parking and versatile space.
      2531 Toulon Dr, Baton Rouge, LA 70816
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime 0.51-acre lot near LSU. High traffic count.
    Where is this multifamily property located?
    The property is located at Nicholson Dr Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 0.51-acre vacant land parcel on Nicholson Drive, Baton Rouge.; Prime location near LSU, the Water Campus, and downtown Baton Rouge.; PUD zoning allows for diverse development opportunities.
    Request Owner's contact information
    Nicholson Dr Baton Rouge, LA 70802
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Nicholson Dr
    Baton Rouge, LA 70802
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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 70802
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.