+/- 2.048 Acres on Nicholson Drive
1564 nicholson drive, Baton Rouge, LA 70802
Listing Details
- List Price
- $2,230,272
- List Price Per SF
- $24.98
- List Price Per Acre
- $1,087,938
- List Date
- 5/21/2020
- Listing ID
- 24628905
+/- 2.048 Acres on Nicholson Drive
+/- 2.048 Acres on Nicholson Drive in between Downtown Baton Rouge and Louisiana State University. Site has +/- 258' of frontage on Nicholson Drive. The property is located within an Opportunity Zone.
Currently, there is a +/- 13,500 SF building on the north side of the property. The remainder of the property is an asphalt/gravel surface lot. There is a curb-cut at Mc Clung St which allows full access from Nicholson Drive.
The subject is currently zoned C1, C2, C-AB-2 and M1. However, future land use plans will change the zoning for this property to Mixed-Use.
The property is strategically located in between the two largest employment centers in Baton Rouge, the Downtown CBD and Louisiana State University. Nicholson Drive serves as the link between Downtown Baton Rouge and the LSU Campus. Just north of the subject property is The Water Campus, a 35-acre research and development business park. The facility is one of the leading collaborative centers on water issues in the world and has attracted international attention. Also located just north of the subject is the River House development which brought over 220 luxury apartments to the market. Located just south of the subject is over 40 acres of assembled parcels which were to comprise The River District project. Further south, on the perimeter of the LSU Campus, is the 28-acre Nicholson Gateway development. Nicholson Gateway is a mixed-use student housing and retail development with over 1,500 beds and 50,000 SF of retail space.
Many see the Nicholson Drive corridor as the next frontier for development in Baton Rouge.
Space Details
- Total Available
- 2.05 Acres
- Primary Use
- Land
- Investment
- No
Property Highlights
- Type
- Land
- Size
- 2.05 Acres
- In Opportunity Zone
- Yes
- Submarket
- 52
Contact
Ty H Gose
NAI/Latter & Blum Commercial Baton Rouge
Michael Cashio
NAI/Latter & Blum Commercial Baton Rouge
Attachments
Source: LACDB
©2024 Moody's Analytics, Inc. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Moody's Analytics, Inc. does not assume any liability for errors or omissions.
Commercial Exchange is a national commercial real estate marketplace powered by Catylist.
- Help
- FAQ
- Terms of Use
- Privacy Policy
- Do Not Sell My Personal Information
- ©2024 Moody's Analytics, Inc.