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    29780 Walker Rd Walker, LA 70785

    Sponsored
    For Sale
    $1,150,000

    1.27-Acre Retail Tract, High Traffic

    Property size:
    5,518 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.27-acre retail property in Walker, Louisiana, presents a compelling investment opportunity. Located at 29780 Walker South Rd, 70785, this strategically positioned site boasts 5,518 square feet of total space, with 4,370 square feet of net rentable area. The property features a single, one-story building and benefits from existing driveways and limited on-site parking. Its prime location between O'Reilly Auto Parts and Goodwill, just east of Walgreens, ensures high visibility and accessibility. Convenient access to Highway 190, Walker South Road, and Aydell Lane is facilitated by cross easements across neighboring properties, including the Walker Plaza Shopping Center. While some use restrictions are in place, the property's asking price is $1,150,000, translating to approximately $905,512 per acre. This high-traffic location, coupled with existing infrastructure, makes this an ideal site for a variety of retail ventures. The property's strategic placement near major retailers and convenient access points promises strong potential for return on investment. Interested parties should inquire about specific use restrictions.

    Property Features for 29780 Walker Rd

    General Information

    Property type
    Land
    Square Feet
    5,518 SF
    Lot Size
    20,038 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 1.27‑acre retail land parcel for sale.
    • Located between O'Reilly Auto Parts and Goodwill, east of Walgreens.
    • Includes existing driveways and limited parking.
    • Offers cross easements providing access to Hwy 190, Walker South Road, and Aydell Lane.
    • Use restrictions apply; inquire with broker for details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Walker
    County
    Livingston Parish
    State
    Louisiana
    Longitude
    -90.8619803
    Latitude
    30.4866423

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    FAQs

    What type of property is this?
    Land - 1.27-Acre Retail Tract, High Traffic
    Where is this land located?
    The property is located at 29780 Walker Rd Walker, LA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 1.27-acre retail land parcel for sale.; Located between O'Reilly Auto Parts and Goodwill, east of Walgreens.; Includes existing driveways and limited parking.
    Request Owner's contact information
    29780 Walker Rd Walker, LA 70785
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    Walker, LA 70785
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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
    29780 Walker Rd Walker, LA 70785
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