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    8377 Picardy Ave Baton Rouge, LA 70809

    Sponsored
    For Sale
    $1,750,000

    Medical Office/Warehouse, prime location

    Property size:
    12,513 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 12,513 square foot flex space, ideally situated in Baton Rouge's Health District, presents a unique investment opportunity. The property boasts 8,633 square feet of office/warehouse space and a 3,880 square foot covered canopy, perfectly suited for medical-related businesses, equipment sales, or distribution. Renovated in 2015, the building features a new HVAC system, full insulation, a secure fenced yard, ample parking (36 spaces), and a large reception area, kitchen/breakroom, and lockable storage. The property includes a large, well-maintained reception area, a spacious kitchen and break area, and a secure lockable storage cage ideal for equipment or instruments. Its M-1 (Light Industrial) zoning ensures versatility. The property's strategic location near OLOL, Baton Rouge General, Ochsner, Mary Bird Perkins, and OLOL Children's Hospital provides unparalleled access to a thriving medical community. Enhanced access via the new Bluebonnet Blvd - OLOL Children's Hospital Rd. further enhances its appeal. An adjacent 0.894-acre lot with significant road frontage is also available for purchase separately. The asking price is $1,750,000, with a price per square foot of $139.85. The property's features, location, and zoning make it an attractive investment for a variety of uses. The APN is 012-1838-7.

    Property Features for 8377 Picardy Ave

    General Information

    Property type
    Medical offices
    Square Feet
    12,513 SF

    Building Details

    Stories
    1

    HighLights

    • 12,513 SF office/warehouse building with 3,880 SF covered canopy for sale in Baton Rouge's Health District.
    • Excellent location near OLOL, Baton Rouge General, Ochsner, Mary Bird Perkins, and OLOL Children's Hospital.
    • Improved access via the new Bluebonnet Blvd - OLOL Children's Hospital Rd.
    • Ideal for medical facilities, medical‑related businesses, or medical equipment sales/distribution.
    • Building features 8,633 SF of office/warehouse space, renovated in 2015 (including HVAC), full insulation, a secure fenced yard, large reception area, kitchen/breakroom, and a large lockable storage cage. 36 parking spaces are available.
    • Zoned M‑1 (Light Industrial).
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness 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
    -91.099187538938
    Latitude
    30.394011003178

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    FAQs

    What type of property is this?
    Medical office - Medical Office/Warehouse, prime location
    Where is this medical office located?
    The property is located at 8377 Picardy Ave Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 12,513 SF office/warehouse building with 3,880 SF covered canopy for sale in Baton Rouge's Health District.; Excellent location near OLOL, Baton Rouge General, Ochsner, Mary Bird Perkins, and OLOL Children's Hospital.; Improved access via the new Bluebonnet Blvd - OLOL Children's Hospital Rd.
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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
    8377 Picardy Ave Baton Rouge, LA 70809
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