0 Nicholson Dr Baton Rouge, LA 70810
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.