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    615 Appollo Rd Scott, LA 70583

    Sponsored
    For Sale
    $1,131,863

    75,315 SF Office & Land - Reduced Price!

    Property size:
    75,315 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional commercial property, located at 615 Appollo Rd in Scott, Louisiana (Lafayette County, zip code 70583), presents a unique investment opportunity. The property encompasses a substantial 75,315 square feet of office space situated on a generous 3.15-acre lot (APN 6175077). Currently offered at a significantly reduced price of $1,131,863, this translates to an attractive price per square foot of $15.03. The land itself holds considerable value, with a price per acre of $654,637. The property's strategic location is further enhanced by its adjacency to a newly constructed whitewater express car wash, promising high visibility and potential synergistic benefits. The asking price reflects a recent reduction from a previous price per square foot of $16.50. While the entire parcel is available at $15.03 per square foot, there is also the option of re-subdivision, which would result in a price of $18.50 per square foot. This versatile property is ideal for a variety of commercial uses and presents a compelling opportunity for investors seeking a prime location in a growing area. The property's size and location make it a highly desirable asset in the Scott, Louisiana market. Coordinates: 30.233594, -92.107225.

    Property Features for 615 Appollo Rd

    General Information

    Property type
    Land
    Square Feet
    75,315 SF
    Lot Size
    137,214 SF

    HighLights

    • $1,131,863 asking price for a 75,315 square foot office and land property.
    • Located at 615 Appollo Rd, Scott, LA 70583.
    • Property features 3.15 acres of land.
    • Price per square foot is $15.03.
    • Land value is $654,637 per acre.
    • APN is 6175077.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Scott
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.107225
    Latitude
    30.233594

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    FAQs

    What type of property is this?
    Land - 75,315 SF Office & Land - Reduced Price!
    Where is this land located?
    The property is located at 615 Appollo Rd Scott, LA.
    What is the asking price?
    The asking price for this property is $1,131,863.
    What are key features of this property?
    This property features: $1,131,863 asking price for a 75,315 square foot office and land property.; Located at 615 Appollo Rd, Scott, LA 70583.; Property features 3.15 acres of land.
    Request Owner's contact information
    615 Appollo Rd 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
    615 Appollo Rd Scott, LA 70583
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