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    5251 Nicholson Dr Baton Rouge, LA 70820

    • Investment properties
    • 5,980 SF
    • 1.62 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimation
    $590,000
    Location Intelligence
    Property ID
    US36-0719148
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pelicoin Bitcoin ATM / Atm / Currency Exchange Service
    • American Market / Sandwich Shop / Deli
    • Tigerland Washateria / Laundromat / Laundry
    • DS Beauty Bar / Eyelash Salon
    • Zen Nails & Spa / Beauty Salon / Nail Salon

    Property Details for 5251 Nicholson Dr

    Year built
    1986
    Lot size
    1.62 lot acres
    Property size
    5,980 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    711446
    APU
    711446

    Description

    This exceptional retail opportunity is located at 5251 Nicholson Dr, Baton Rouge, LA 70820, within the Beau Chene Shopping Center (APN 007-1144-6). The property offers a total of 19,200 square feet of retail space, currently featuring two available units, each measuring 1,260 square feet. The minimum leasable space is 1,260 square feet, and the maximum contiguous space available is also 1,260 square feet. A total of 2,520 square feet is currently vacant and ready for immediate occupancy. The property is classified as street retail and is situated in submarket 52. This presents a fantastic chance for businesses seeking high-visibility locations in a thriving Baton Rouge community. The landlord is open to renovations for qualified tenants, contingent upon lease terms. This flexible approach allows for customization to meet specific business needs. Interested parties should inquire for further details regarding lease terms and conditions. The property's prime location and adaptable space make it an ideal choice for a variety of retail or service businesses. Don't miss this chance to establish your business in a well-established shopping center.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.172
    Latitude
    30.3891
    CBSA code
    12940
    CBSA name
    BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,611
    $56,430
    $225,760
    $282,190
    -
    $564,300
    $1,505,067
    $2,069,367

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    Baton Rouge, LA 70820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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