3529 Cole Dr Baton Rouge, LA 70806
This exceptional 2,884 square foot commercial property, located at 3529 Cole Dr in Baton Rouge, Louisiana, presents a unique investment opportunity. Situated in East Baton Rouge Parish, zip code 70806, near the intersection of Acadian and Government streets, this property offers remarkable versatility. Currently vacant, it boasts a B-1 zoning classification, allowing for a multitude of uses. The building previously housed a residence, a hair salon, and student rental units, demonstrating its adaptability. Key features include two kitchens, a two-car garage, ample on and off-street parking, and a small pool. The asking price is $550,000, translating to $190.71 per square foot. Its prime location and flexible zoning make it ideal for various commercial ventures, from office space to short-term rentals. The property's history suggests a strong potential for diverse income streams. This is a rare chance to acquire a well-located, multi-functional property with significant upside potential in a thriving Baton Rouge market. The property is ready for its next chapter, awaiting a visionary owner to unlock its full potential.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.