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Property profile & analytics
OFF-MARKET
Land

0 Holmes Dr Baton Rouge, LA 70806

2.83 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.826-acre commercial land parcel in Baton Rouge, Louisiana, presents a unique development opportunity. Located off Florida Boulevard near the Bon Carre Technology Center, this C2-zoned property offers multiple access points via Holmes Drive, Harry Drive, and Monet Drive/Van Gogh Avenue. Approximately 40% of the lot is already improved with existing concrete slabs and parking areas, representing significant cost savings for future development. The remaining land is largely cleared, with mature trees lining the perimeter. This site is ideal for projects that don't require high-visibility frontage on a major roadway, making it particularly well-suited for multifamily developments or similar concepts. The property's strategic location provides convenient access to both residential areas and the technology center. An adjacent 5.42-acre parcel with significant Florida Boulevard frontage is also available for purchase, offering the potential for a combined 8.249-acre development site. The property's assessed parcel number (APN) is 30833200. The asking price is $492,402, translating to $3.99 per square foot. This represents a compelling investment opportunity in a rapidly growing area of Baton Rouge. The property is situated in East Baton Rouge Parish, Louisiana, with a 70806 zip code.

Property profile
Verified
Property type Land
Lot 2.83 ac (123,101 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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