Property profile

0 Nicholson Dr Baton Rouge, LA 70810

OFF-MARKET
Retail properties & Spaces
1 SF
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Property summary

AI-generated overview

Lexington Estates offers a unique opportunity to acquire prime commercial land in Baton Rouge, Louisiana. This exceptional property, located on Nicholson Dr, zip code 70810, encompasses a sizable area ranging from 1 to 23 acres. The property is zoned PUD (Planned Unit Development), providing significant flexibility for a variety of commercial uses. This versatility allows for the development of retail spaces, office buildings, multifamily dwellings, or outparcels, catering to a wide range of business needs and investment strategies. The single-tenant occupancy presents a streamlined approach to development and management. The entire property is currently vacant, presenting a blank canvas for a new commercial venture. Situated in the desirable Lexington Estates neighborhood in East Baton Rouge Parish, this location offers excellent accessibility and visibility. The property's substantial size and flexible zoning make it an ideal investment for developers seeking a large-scale project or businesses looking to establish a significant presence in the Baton Rouge market. Detailed information regarding the specific acreage available and potential development options can be obtained through the appropriate channels. This is a rare opportunity to acquire a substantial commercial property in a thriving Louisiana market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nicholson Dr Baton Rouge, LA 70810
Baton Rouge metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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