Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    529 Gazette Rd, Unit - Tract 5 Scott, LA 70583

    View on Map
    Sponsored
    For Sale
    $57,000

    LAND - Scott, LA

    Lot size:
    0.62 Acres
    Days on Market:
    68
    Last Refresh:
    Mar 7 at 5:06 pm

    Property Features for 529 Gazette Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Unzoned
    APN
    6049187
    Lot size
    0.62 Acres

    Utilities

    Utilities
    Electricity Available
    Water source
    Public

    We can help!

    Listing Contact
    Ann Porche

    Latter & Blum Holdings LLC (504) 569-9369

    Listing agent Ann Porche License #16592

    Listing date Dec 30, 2025

    MLS# 2500005668

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land in Scott, Louisiana

    This 0.62-acre lot, located in Scott, Louisiana, offers the advantage of no Homeowners Association. The property is conveniently located close to I-10. Electricity and city water are available. The lot is reasonably leveled and cleared with no trees. Three other additional tracts are also for sale. The property is unzoned and ready for home ownership.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Kitchen & Bath Showroom Garden Center Plumbing Service Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scott
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.156848
    Latitude
    30.255223

    Nearby Similar for Sale

    • New
      $1,200,000
      7,300 SF

      Commercial Building in Scott, Louisiana

      7,300 SF commercial building in the heart of Scott, Louisiana.
      101 Park Dr W, Scott, LA 70583
      View Details
    • $120,000
      250 SF

      Operational Carwash with Expansion Potential

      Fully operational carwash with expansion possibilities in Scott, Louisiana.
      2627-B Blk Ml St, Scott, LA 70583
      View Details
    • $279,900
      3,407 SF

      Four Houses Investment Opportunity

      Four updated houses in Scott, LA, near downtown.
      902 Domingue St, Scott, LA 70583
      View Details
    • $95,000
      1,800 SF

      Two Homes - Investor Special

      Two adjacent homes with tenants in place in Lafayette.
      2518 Walker Rd, Scott, LA 70583
      View Details
    • $1,400,000
      13,250 SF

      Commercial Space on Ambassador Caffery

      13,250 SF commercial space for sale or lease.
      403 Ambassador Caffery Pkwy, Scott, LA 70583
      View Details
    • Contact for pricing
      70,405 SF

      Grocery-Anchored Retail Center For Sale

      87% occupied retail center anchored by Piggly Wiggly.
      5505-5545 Cameron St, Scott, LA 70583
      View Details
    • $529,000
      Pending

      Industrial Space with Climate Control

      6,690 SF industrial property with office and warehouse space.
      209 Hulco Dr, Scott, LA 70583
      View Details
    • $3,000,000
      8.13 Acres

      Scott, LA Commercial Opportunity

      Two-building commercial property in excellent condition, suitable for various businesses.
      1610 W Willow St, Scott, LA 70583
      View Details
    • $599,000
      4,800 SF

      Scott, LA Commercial Property

      High-traffic commercial property suitable for retail, restaurant, or medical offices.
      400 Westgate Rd, Scott, LA 70583
      View Details
    • $150,000
      3,000 SF

      Versatile Metal Building on Acreage

      3,000 sq ft metal building on 0.96 acres.
      209 D Arceneaux Rd, Scott, LA 70583
      View Details
    • $145,000

      Scott, LA Mobile Home Park

      Mobile home park with long-term tenants in Scott, LA.
      1216 Victoria St, Scott, LA 70583
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Unzoned 0.62-acre lot with utilities, near I-10.
    Where is this residential land & home lot located?
    The property is located at 529 Gazette Rd, Unit - Tract 5 Scott, LA.
    What is the asking price?
    The asking price for this property is $57,000.
    What are key features of this property?
    This property features: - No HOA fees; - Conveniently close to I-10; - Electricity and city water available
    (337) 277-4652
    Request Owner's contact information
    529 Gazette Rd, Unit - Tract 5 Scott, LA 70583
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    529 Gazette Rd, Unit - Tract 5
    Scott, LA 70583
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    529 Gazette Rd, Unit - Tract 5 Scott, LA 70583
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ann Porche
    Real Estate License ID: 16592
    (337) 277-4652
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!