1564 Nicholson Dr

Land

1564 Nicholson Dr, Baton RougeLA 70802

Property Details

Location

Address
1564 Nicholson Dr, Baton RougeLA 70802
County
East Baton Rouge Parish
Submarket
52
Parcels
008-9955-0
In Opportunity Zone
Yes

Building Size

Building Size

Building Details

Type
 Land
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
2.05 Acres
Land (SF)
89,298 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

+/- 2.048 Acres on Nicholson Drive

2.05 Acres$2,230,272
NAI/Latter & Blum Commercial Baton Rouge

+/- 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.

NAI/Latter & Blum Commercial Baton Rouge

+/- 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.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: LACDB

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