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    225 Apollo Rd Scott, LA 70583

    Sponsored
    For Sale
    $475,000

    2.73 Acres, $475,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.73-acre agricultural tract is located at 225 Apollo Rd, Scott, Louisiana, 70583 (APN 6085617). Priced at $475,000, this represents a land value of $173,992 per acre. The property is zoned ARCD, offering a range of potential commercial or residential uses. Situated within Lafayette Parish's rapidly developing Apollo Road corridor, this strategically positioned parcel provides easy access to major transportation routes, creating a strong connection between Scott and Lafayette. This prime location within a high-growth area makes it an attractive opportunity for various commercial development projects. The property's size and zoning make it suitable for a variety of uses, as indicated by the ARCD zoning designation. This land presents a compelling investment opportunity in a thriving Louisiana market. Detailed zoning information is available upon request. The property's latitude and longitude coordinates are 30.2382926, -92.1080411 respectively.

    Property Features for 225 Apollo Rd

    General Information

    Property type
    Farms
    Lot Size
    118,919 SF

    HighLights

    • 2.73‑acre agricultural tract in Scott, LA (APN 6085617).
    • $475,000 asking price, approximately $173,992 per acre.
    • ARCD zoning allows for commercial or residential development.
    • Located on Apollo Road in Lafayette Parish, offering easy access to major transportation routes.
    • Prime location in a high‑growth area, ideal for commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Scott
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.1080411
    Latitude
    30.2382926

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    FAQs

    What type of property is this?
    Farm - 2.73 Acres, $475,000
    Where is this farm located?
    The property is located at 225 Apollo Rd Scott, LA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 2.73-acre agricultural tract in Scott, LA (APN 6085617).; $475,000 asking price, approximately $173,992 per acre.; ARCD zoning allows for commercial or residential development.
    Request Owner's contact information
    225 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
    225 Apollo Rd Scott, LA 70583
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