Perkins Road (Southdowns) Development Site Near LSU Campus

Vacant Land for Lease
Catylist Listing ID: 30868656
Property Subtypes: Hospitality, Retail, Other
Gross Land Area: 1 Acre
Lease Rate: $15,000 (Monthly)
$4.13 PSF (Annual)
Lease Types: Absolute NNN, Other
Last Updated: 4/15/2024

Overview / Comments

HOT DEVELOPMENT SITE ADJACENT TO PERKINS ROAD! A very rare opportunity for a 1-acre location in the best part of Baton Rouge! Located 1.4 miles from LSU campus at the intersection of Kalurah Street & Baywood Avenue, this site is prime for high end real estate development in the well-established Acadian to Perkins Road corridor. Site has significant visibility from both the westbound Interstate-10 lane and Perkins Road and is currently zoned M-1. See attached East Baton Rouge Parish Use Regulations and survey.

This site is also adjacent to the $2.4M+ Perkins Road Redevelopment Project, a community revitalization of City property that includes a railroad pedestrian crossway & bike path connecting two residential communities, landscaping, parking, underpass lighting, in the works to commence construction 4thQ2024.

Ownership is currently in the process of demolishing the outdated site improvements and entertaining proposals for land-only or built to suit NNN leases from successful business owners to enhance this great neighborhood.

SITE LEASE RATE IS NOT $15,000/month triple net, but will be negotiated based on use of site. Interested tenants (commercial, retail, hospitality, etc) should submit a letter of intent to lease describing their intended use, desired square feet, parking needs, details of business ownership, etc, in order for Ownership to quantify market leasing details.

Listing agent is an Owner/Agent.
East Baton Rouge Zoning Code: https://www.brla.gov/706/Unified-Development-Code

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 51
Tax ID/APN: 004-9141-1
Zoning: M1
Property Visibility: Excellent
Largest Nearby Street: Perkins Road.
Highway Access: Adjacent to Interstate 10
Zoning Description: M1 zoning permits micro-brewery and micro-distillery amongst other uses. For a hotel, a change of use to a commercial zoning is required with a 10'-20' buffer on the left side (Hillsdale) with a 75' elevation. For a Restaurant Bar, a change of use to a CAB-1 zoning is required.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,285 97,943 188,609
Median Age: 32.78 32.7 33.93
Households: 5,856 42,187 77,706

Contact

Photograph of Listing Agent

Mi Mi Montagnet Bankston

The McEnery Company Inc New Orleans, LA 70112
LACDB Member
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