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    28798 Walker Rd Walker, LA 70785

    Sponsored
    For Sale
    $200,000

    1.5 Acres, Prime Walker Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.505-acre commercial and industrial land parcel is ideally situated in Walker, Louisiana, at 28798 Walker South Road. Boasting a convenient location between I-12 and Florida Boulevard, this property offers unparalleled access to major transportation arteries and a thriving commercial district. Surrounded by established businesses including Walmart, AutoZone, and numerous restaurants, this site presents a remarkable opportunity for a variety of commercial ventures. The property benefits from a 25-foot servitude for access and a 50-foot signage easement directly off Walker South Road, ensuring high visibility and accessibility. Zoned R-C, the property allows for a wide range of potential uses, subject to local regulations. Importantly, this land did not flood during the 2016 flood events. The asking price is $200,000, representing a land value of $143,333 per acre. This prime location, coupled with its versatile zoning and convenient access, makes this an exceptional investment opportunity in a rapidly growing area. The property is offered for sale by owner and is ready for immediate development. The 70785 zip code ensures easy identification and access to local amenities.

    Property Features for 28798 Walker Rd

    General Information

    Property type
    Land
    Lot Size
    65,558 SF

    HighLights

    • 1.505‑acre Walker City limits parcel for sale.
    • Prime location between I‑12 and Florida Blvd.
    • Includes a 25' access servitude to Walker South.
    • Features a 50' signage easement.
    • R‑C zoning offers diverse development options.
    • Did not flood in the 2016 flood event.
    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
    -90.86320479
    Latitude
    30.47890073

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    FAQs

    What type of property is this?
    Land - 1.5 Acres, Prime Walker Location
    Where is this land located?
    The property is located at 28798 Walker Rd Walker, LA.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 1.505-acre Walker City limits parcel for sale.; Prime location between I-12 and Florida Blvd.; Includes a 25' access servitude to Walker South.
    Request Owner's contact information
    28798 Walker Rd 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
    28798 Walker Rd Walker, LA 70785
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