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    Picardy Ave Baton Rouge, LA 70809
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    Picardy Ave, Baton Rouge, LA 70809

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    • Land
    • 0.89 lot acres
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 0 Picardy Ave

    Lot size
    0.89 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 0.89-acre (38,943 sq ft) vacant land parcel presents a unique investment opportunity in Baton Rouge's thriving Health District. Strategically located on Picardy Avenue, this property boasts 385 feet of frontage and depths ranging from 60 to 175 feet. Its M-1 zoning allows for a variety of commercial and light industrial uses, making it ideal for medical-related businesses, medical equipment sales, distribution centers, or expansion for existing healthcare facilities. The site's proximity to prominent medical institutions, including Our Lady of the Lake Regional Medical Center (OLOL), Baton Rouge General Medical Center, Ochsner Health, Mary Bird Perkins Cancer Center, and OLOL Children's Hospital, ensures high visibility and accessibility. Enhanced access is further improved by the new Bluebonnet Blvd - OLOL Children's Hospital Rd. The asking price is $850,000, and the APN is 032-1341-2. This property is located in East Baton Rouge Parish, Louisiana, with a zip code of 70809. Note that an adjacent 12,513 sq ft office/warehouse with a covered canopy is also available for sale separately. This building, renovated in 2015, includes 8,633 sq ft of office/warehouse space, 3,880 sq ft of canopy space, a secure fenced yard, ample parking (36 spaces), and features such as a large reception area, kitchen/break area, and lockable storage.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

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    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.0994
    Latitude
    30.394
    More about this property
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