8300 Picardy Ave, Baton Rouge, LA 70809
This exceptional 1.83-acre commercial land parcel, located at 8300 Picardy Ave in Baton Rouge, Louisiana (zip code 70809, APN 1674765), presents a compelling investment opportunity within the thriving South Baton Rouge medical district. Zoned M-1, this build-ready site offers unparalleled versatility, ideal for a range of medical-related developments. Envision a state-of-the-art medical office building, a specialized facility like a sleep lab or diagnostic center, or an outpatient physical therapy clinic. The property's strategic location provides excellent access to major roadways, ensuring convenient patient and staff access. Its proximity to three prominent hospitals – Our Lady of the Lake Regional Medical Center, Baton Rouge General, and Ochsner Medical Center – including the only 24/7 freestanding OLOL Children's Hospital (within a half-mile radius), solidifies its position within the expanding medical corridor. The asking price is $1,474,724, translating to $805,860 per acre. This vacant land presents a rare chance to capitalize on the area's robust growth and high demand for medical services. Don't miss this chance to acquire a prime piece of real estate in a rapidly developing medical hub.
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.