Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    16351 Old Scenic Hwy Zachary, LA 70791

    For Sale
    Contact for pricing

    Prime Retail & Mixed-Use Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Zachary, Louisiana property, located at 16351 Old Scenic Hwy, offers a unique investment opportunity. The 1.2 to 46.4-acre site boasts a Planned Unit Development (PUD) zoning designation, allowing for diverse development options. Currently available for sale, ground lease, or build-to-suit arrangements, this land presents significant potential for retail, office, and warehousing uses. The high-traffic location along Old Scenic Highway (31,000 vehicles per day) ensures exceptional visibility. The property's strategic position near the Lane Regional Medical Campus (undergoing a $90 million renovation) and within the Zachary School District adds to its appeal. The site is situated in an area with some of Louisiana's highest household incomes, addressing an underserved retail market. Existing tenants in similar developments include Walgreens, Aldi, O'Reilly Auto Parts, Aspen Dental, Harbor Freight, and Exxon Mobile, demonstrating the area's strong retail performance. The land price ranges from $0.32 to $653,400 per acre, with building prices at $15 per square foot. More than 2000 approved residential lots are located within 0.5 miles, further enhancing the property's value and potential. This is an unparalleled chance to establish a presence in a thriving community experiencing rapid growth. The property's versatility and prime location make it an ideal investment for businesses seeking to capitalize on the Zachary area's expanding market. The APN is 30832421.

    Property Features for 16351 Old Scenic Hwy

    General Information

    Property type
    Mixed-use properties
    Lot Size
    52,272 SF

    HighLights

    • Sale, ground lease, or build‑to‑suit options available.
    • 1.2 to 46.4‑acre site available.
    • High‑income demographic; underserved retail market.
    • Over 2,000 approved residential lots within 0.5 miles.
    • Planned Unit Development (PUD) zoning.
    • Submarket LACDB‑11.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Clothing Store Accounting Firm Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Zachary
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.20363382
    Latitude
    30.6020472

    Nearby Similar for Sale

    • $399,900
      Pending

      Office Building in Zachary, LA

      Office building with suites and expansion potential in Zachary.
      3650 Ln Hwy, Zachary, LA 70791
      View Details
    • $510,000
      1,645 SF

      Operational Car Wash on Commercial Corridor

      Fully operational car wash in Zachary's commercial hub for sale.
      2030 Church St, Zachary, LA 70791
      View Details
    • $750,000
      3,000 SF

      Unique Church Property on Acreage

      Versatile 3,000 SF property on 2.21 acres in Zachary, LA.
      1651 Church St, Zachary, LA 70791
      View Details
    • $2,646,000

      Main Street Retail Investment Opportunity

      Retail property with a new 10-year lease and rent escalations.
      5912 Main St, Zachary, LA 70791
      View Details
    • $1,750,000
      2,900 SF

      Operating Gas Station For Sale

      Gas station with 8 dispensers at Plank Road and Main.
      20191 Plank Rd, Zachary, LA 70791
      View Details
    • Contact for pricing
      0.50 Acres

      Executive Office Suite in Zachary

      Prime location, professional office space.
      20103 B2 Old Scenic Hwy Unit, Zachary, LA 70791
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime Retail & Mixed-Use Land
    Where is this mixed-use property located?
    The property is located at 16351 Old Scenic Hwy Zachary, LA.
    What are key features of this property?
    This property features: Sale, ground lease, or build-to-suit options available.; 1.2 to 46.4-acre site available.; High-income demographic; underserved retail market.
    Request Owner's contact information
    16351 Old Scenic Hwy Zachary, LA 70791
    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.
    16351 Old Scenic Hwy
    Zachary, LA 70791
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16351 Old Scenic Hwy Zachary, LA 70791
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.