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    8000 Block Of Picardy Ave Baton Rouge, LA 70809

    For Sale
    $1,411,344
    Added:
    Dec 11, 2024
    Days on Market:
    369

    Property Features for 8000 Block Of Picardy Ave

    General Information

    Property type
    Land
    Lot Size
    62,726 SF

    HighLights

    • 1.44‑acre (62,726 SF) lot.
    • Prime Baton Rouge Medical District location.
    • Proximity to major hospitals: OLOL Children's, Our Lady of the Lake, Baton Rouge General, and Ochsner.
    • Convenient access to Essen Lane and Bluebonnet Boulevard.
    • 0.10 miles from Picardy Avenue access via the Midway Project.
    • M1 (Light Industrial) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1054962
    Latitude
    30.396793

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    FAQs

    Where is this land located?
    The property is located at 8000 Block Of Picardy Ave Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,411,344.
    What are key features of this property?
    This property features: 1.44-acre (62,726 SF) lot.; Prime Baton Rouge Medical District location.; Proximity to major hospitals: OLOL Children's, Our Lady of the Lake, Baton Rouge General, and Ochsner.
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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
    8000 Block Of Picardy Ave Baton Rouge, LA 70809
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