+/- 2.048 Acres on Nicholson Drive

1564 nicholson drive, Baton Rouge, LA 70802

2.05 Acres
$2,230,272

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

BROKER

Source: LACDB

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