1564 Nicholson Dr Baton Rouge, LA 70802
This exceptional 2.05-acre property in Baton Rouge, LA, boasts 258 feet of frontage on Nicholson Drive, offering unparalleled access between Downtown Baton Rouge and Louisiana State University. Currently zoned C1, C2, C-AB-2, and M1, future land use plans designate this site for mixed-use development. The property includes a 13,500 square foot building and an asphalt/gravel surface lot, presenting a unique opportunity for redevelopment. Its prime location benefits from proximity to significant developments, including the 35-acre Water Campus, the River House (220+ luxury apartments), the planned River District (40 acres), and the Nicholson Gateway (1,500 student beds and 50,000 square feet of retail). The asking price is $2,230,272, with a price per square foot of $165.21 and a land value of $1,087,937 per acre. A curb cut on Mc Clung Street provides convenient access from Nicholson Drive. This opportunity zone property offers substantial potential for investors seeking high-impact development in a thriving urban area. The property's address is 1564 Nicholson Drive, Baton Rouge, LA 70802, with APN 008-9955-0.
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Lighthouse Christian Fellowship Church Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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