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    915 Apollo Rd Scott, LA 70583

    For Sale
    $665,064

    ±37,000 sq ft commercial land, $18/SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional ±36,948 square foot commercial land parcel presents a remarkable retail investment opportunity in the thriving West Village Subdivision of Scott, Louisiana. Located at 915 Apollo Road (APN 6170853), this property offers unparalleled accessibility and visibility. Priced at $665,064 ($18/SF), it boasts a strategic location within walking distance of approximately 1600 families, benefiting from an estimated 30,000 vehicles per day on Apollo Road. The soon-to-be-completed connection of Apollo Road to Ambassador Caffery Parkway will further enhance accessibility, making this site a gateway to the entire region. This prime land is situated in a rapidly growing area, experiencing a surge in innovation, commerce, and culture, making it an ideal location for a variety of retail ventures. The property's size and location offer significant potential for substantial return on investment. Don't miss this chance to secure a piece of Scott's vibrant future.

    Property Features for 915 Apollo Rd

    General Information

    Property type
    Land

    HighLights

    • ±36,948 SF commercial land parcel in Scott, LA's West Village Subdivision.
    • Located at 915 Apollo Road (APN 6170853), priced at $665,064 ($18/SF).
    • High visibility and accessibility, near 1600 families and 30,000+ daily vehicles on Apollo Road.
    • Improved accessibility via upcoming Apollo Road/Ambassador Caffery Parkway connection.
    • Strong ROI potential in a rapidly growing area with high commercial activity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Scott
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.102663
    Latitude
    30.227989

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    FAQs

    What type of property is this?
    Land - ±37,000 sq ft commercial land, $18/SF
    Where is this land located?
    The property is located at 915 Apollo Rd Scott, LA.
    What is the asking price?
    The asking price for this property is $665,064.
    What are key features of this property?
    This property features: ±36,948 SF commercial land parcel in Scott, LA's West Village Subdivision.; Located at 915 Apollo Road (APN 6170853), priced at $665,064 ($18/SF).; High visibility and accessibility, near 1600 families and 30,000+ daily vehicles on Apollo Road.
    (337) 279-0371
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    915 Apollo Rd Scott, LA 70583
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    Scott, LA 70583
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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
    915 Apollo Rd Scott, LA 70583
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