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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1364 Nicholson Dr Baton Rouge, LA 70802

10,500 SF
Property ID
Property summary
AI-generated overview

This exceptional 1.46-acre commercial property, located at 1364 Nicholson Drive in Baton Rouge, Louisiana (zip code 70802), presents a unique investment opportunity. The property boasts a 10,500 square foot building situated on a 62,977 square foot lot, zoned C-2 Heavy Commercial. This versatile space, previously used for office, medical, and church purposes, offers 35 rooms including private offices, office pools, reception areas, a vault, two lounges, four restrooms, and four utility rooms. The building is constructed of brick and concrete and is a stand-alone structure. Its prime location, directly in front of the Water Campus and between downtown Baton Rouge and LSU, offers excellent visibility and accessibility. The property occupies an entire city block on a boulevard with a traffic light and immediate access to the I-10 Mississippi River Bridge off-ramp. The property is currently vacant, presenting a build-to-suit opportunity or the chance to renovate the existing structure. The APN is 006-3965-6. Given the ongoing development between downtown and LSU, this property is poised for significant future appreciation. The price per square foot is $32.

Property profile
Verified
Property type Retail properties & Spaces
Total area 10,500 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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