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    27222 Walker Rd Walker, LA 70785

    For Sale
    $695,000

    High-growth area, I-12 access, medical center proximity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 1.35-acre commercial land parcel presents a remarkable investment opportunity in the rapidly expanding Walker, Louisiana market. Strategically located across Walker South Road from Our Lady of the Lake Regional Medical Center, this property enjoys unparalleled visibility and accessibility. Its prime position near the I-12 and Walker South Road interchange ensures high traffic volume, with over 31,365 vehicles passing daily. The property boasts over 394 feet of highway frontage, maximizing exposure for any development. Zoned COMMERCIAL (R/C), this site is ideal for a diverse range of commercial ventures, including gas stations, strip centers, coffee shops, drive-thrus, car washes, retail spaces, offices, fast-food restaurants, and medical facilities. Walker, LA, is experiencing significant growth, boasting an 8.86% growth rate and over 14,339 surrounding homes, with many more under construction. The area's average annual household income exceeds $76,844, and the daytime population surpasses 34,784. This location offers convenient access to Juban Crossing, numerous new neighborhoods, and schools. The property's APN is 0273888. The asking price is $695,000. The possibility of acquiring additional land exists. This is a rare chance to capitalize on the booming Walker market.

    Property Features for 27222 Walker Rd

    General Information

    Property type
    Land
    Lot Size
    58,806 SF

    HighLights

    • $695,000 asking price for 1.35 acres of commercially zoned land (R/C) in Walker, LA.
    • Located across from Our Lady of the Lake Regional Medical Center, near I‑12 interchange.
    • High‑growth area with over 8.86% growth rate and 14,339+ surrounding homes.
    • High traffic count (31,365+ cars daily) and 394+ feet of highway frontage.
    • Ideal for various commercial uses including gas station, retail, medical, and fast food.
    • Additional land potentially available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Walker
    County
    Livingston Parish
    State
    Louisiana
    Longitude
    -90.86169781
    Latitude
    30.46298329

    Nearby Comparable

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      Walker Commercial Land: Prime Location

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      Prime Walker Retail Land

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    FAQs

    What type of property is this?
    Land - High-growth area, I-12 access, medical center proximity.
    Where is this land located?
    The property is located at 27222 Walker Rd Walker, LA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: $695,000 asking price for 1.35 acres of commercially zoned land (R/C) in Walker, LA.; Located across from Our Lady of the Lake Regional Medical Center, near I-12 interchange.; High-growth area with over 8.86% growth rate and 14,339+ surrounding homes.
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    Realmo Value Estimation

    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.

    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.

    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
    27222 Walker Rd Walker, LA 70785
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