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    615 Apollo Rd Scott, LA 70583

    For Sale
    $3,659,040

    Prime Commercial Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6-acre commercial land parcel in Scott, Louisiana, presents a unique investment opportunity. Located at 615 Apollo Rd, the property boasts frontage on Apollo Road, Chappuis Industrial Lane, and Old Spanish Trail, offering unparalleled accessibility. The recent completion of the Apollo Road extension to the new roundabout at Dulles Blvd and Rue de Belier significantly enhances visibility and traffic flow, with projections exceeding 30,000 vehicles daily. This strategic location is further amplified by its proximity to the burgeoning West Village, a master-planned mixed-use development encompassing over 140 acres, featuring nearly 400 homes and numerous businesses, including The Waters at West Village, a 216-unit apartment complex. The property's zoning is designated as Commercial, allowing for a wide range of development possibilities. The site benefits from a completed common access drive to Apollo Rd and falls within the Apollo Road Corridor District, ensuring adherence to design standards that enhance the area's aesthetic appeal. An adjacent 3.2-acre parcel, recently developed into a convenience store and medical strip center, further underscores the area's strong commercial viability. The asking price is $3,659,040, translating to $479,166 per acre, reflecting the property's prime location and development potential. The APN is 6171214. This is an exceptional opportunity to capitalize on the rapid growth and development within this thriving commercial corridor.

    Property Features for 615 Apollo Rd

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • 6‑acre commercial land parcel in Scott, LA, at 615 Apollo Rd.
    • Triple frontage on Apollo Road, Chappuis Industrial Lane, and Old Spanish Trail, with excellent visibility and access due to the recently completed Apollo Road extension.
    • Located near the West Village master‑planned development (140+ acres, 400+ homes, numerous businesses).
    • Commercially zoned, with a completed common access drive to Apollo Rd and situated within the Apollo Road Corridor District.
    • Asking price: $3,659,040 ($479,166/acre). APN: 6171214.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Scott
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.107225
    Latitude
    30.233594

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic Area
    Where is this land located?
    The property is located at 615 Apollo Rd Scott, LA.
    What is the asking price?
    The asking price for this property is $3,659,040.
    What are key features of this property?
    This property features: 6-acre commercial land parcel in Scott, LA, at 615 Apollo Rd.; Triple frontage on Apollo Road, Chappuis Industrial Lane, and Old Spanish Trail, with excellent visibility and access due to the recently completed Apollo Road extension.; Located near the West Village master-planned development (140+ acres, 400+ homes, numerous businesses).
    Request Owner's contact information
    615 Apollo 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 Apollo Rd Scott, LA 70583
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