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    2 Tracts Zachary, LA 70791

    For Sale
    $558,657

    Prime Zachary retail tracts, high growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property offering encompasses two tracts totaling 2.85 acres situated on Hwy 964 in Zachary, Louisiana. The property is conveniently located between Copper Mill Elementary School and the Copper Mill Subdivision, benefiting from high visibility and excellent access. The asking price for the combined tracts is $558,657. Alternatively, individual lot purchases are available. Tract Z-1-A2, measuring 1.50 acres, is priced at $5.00 per square foot. Tract Z-1-A5, spanning 1.345 acres, also carries a price of $5.00 per square foot. This presents a unique opportunity for investors and developers seeking a foothold in a thriving market. Zachary, Louisiana boasts a highly desirable location, consistently recognized for its top-rated schools

    Property Features for 2 Tracts

    General Information

    Property type
    Retail properties
    Lot Size
    124,146 SF

    HighLights

    • Total asking price: $558,657, or individual lots available.
    • Tract Z‑1‑A2: 1.5 acres, $5.00/SF.
    • Tract Z‑1‑A5: 1.345 acres, $5.00/SF.
    • High‑growth area of Zachary, LA.
    • Zachary schools consistently ranked among the state's best.
    • Prime Hwy 964 location between Copper Mill Elementary and Copper Mill Subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Zachary
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1933685
    Latitude
    30.6547762

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    FAQs

    What type of property is this?
    Retail property - Prime Zachary retail tracts, high growth area.
    Where is this retail property located?
    The property is located at 2 Tracts Zachary, LA.
    What is the asking price?
    The asking price for this property is $558,657.
    What are key features of this property?
    This property features: Total asking price: $558,657, or individual lots available.; Tract Z-1-A2: 1.5 acres, $5.00/SF.; Tract Z-1-A5: 1.345 acres, $5.00/SF.
    (225) 778-5858
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    2 Tracts Zachary, LA 70791
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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
    2 Tracts Zachary, LA 70791
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