6897 Perkins Rd Baton Rouge, LA 70808
This exceptional 2.88-acre commercial land parcel, situated at 6897 Perkins Road in Baton Rouge, Louisiana, presents a compelling investment opportunity. Located within the Baton Rouge Health District, this property boasts significant frontage and high visibility, benefiting from approximately 24,849 vehicles passing daily. Currently zoned B1 Transition, the land is ideally suited for office development. A portion of the property is currently leased as a month-to-month parking lot to Our Lady of the Lake Regional Medical Center, generating immediate income. The site is ready for immediate development after clearing, making it an excellent choice for a high-impact project. The asking price for this prime location is $2,509,056. The property's zip code is 70808, and it's located in East Baton Rouge Parish. Detailed information and a sales brochure are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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