Jefferson Hwy development site available for sale. The Property totals 1.651 acres (71,916 SF), consisting of 2 lots measuring .781 acres and .870 acres, respectively. Lots are available individually or combined.
The Property is located on Jefferson Hwy between Corporate Blvd and Essen Ln and is situated on a corner with full access. The submarket benefits from over 2m SF of office space and a host of retailers, restaurants, and hotels in the immediate vicinity. 25k VPD at the site with 50k VPD at the Essen/Jefferson intersection.
The Property is currently zoned B1, allowing for a range of office and medical uses. All utilities are available to the site. Excellent opportunity to acquire a rare development site in one of the top submarkets in Baton Rouge.
Pricing:
Frontage Parcel: $1,088,576 ($32.00 PSF)
Rear Parcel: $1,136,940 ($30.00 PSF)
Combined: $2,225,516 ($30.95 PSF)
Highlights:
1.65-acre development tract, consisting of 2 lots measuring .78 and .87 acres
All utilities available to site
Corner property with full access
Situated among some of Baton Rouge's highest incomes and home values
