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    20660 Plank Rd Zachary, LA 70791

    For Sale
    $499,900

    2.41 Acres, High Visibility, Approved Driveways

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.41-acre commercial land parcel in Zachary, Louisiana, presents a remarkable investment opportunity. Located at 20671 Plank Rd, the property boasts 472 feet of frontage on Plank Road and 350 feet on Redwood Lake Boulevard, ensuring high visibility and accessibility. The property is zoned COMMERCIAL-CITY OF ZACHARY and features two DOTD-approved driveways, one on Plank Road and one on Redwood Lake Boulevard, enhancing convenience and functionality. Wetlands mitigation and permitting are already complete, streamlining the development process. This strategic location sits at the entrance to the Redwood Lake Subdivision and the Oaks of Zachary, two thriving residential communities with over 450 homes currently under construction, guaranteeing a robust and growing customer base. The seller will consider subdividing the property. An adjacent 5.38-acre tract (Listing # 28747362) is also available, and pricing is flexible depending on the required road frontage. The property's APN is 015-4955-3. Detailed plat maps are available upon request. This is an ideal location for a variety of commercial ventures, capitalizing on the significant residential growth in the area. The asking price is $499,900, with a land value of $207,427 per acre.

    Property Features for 20660 Plank Rd

    General Information

    Property type
    Land
    Lot Size
    104,980 SF

    HighLights

    • 2.41‑acre commercial land parcel in Zachary, LA, at 20671 Plank Rd.
    • High visibility with 472 ft. of Plank Road frontage and 350 ft. on Redwood Lake Blvd.
    • Zoned Commercial‑City of Zachary, featuring two DOTD‑approved driveways.
    • Wetlands mitigation and permitting complete.
    • Located at the entrance to established residential communities with over 450 homes under construction.
    • Seller will consider subdividing; adjacent 5.38‑acre tract also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Zachary
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.099758
    Latitude
    30.655732

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    FAQs

    What type of property is this?
    Land - 2.41 Acres, High Visibility, Approved Driveways
    Where is this land located?
    The property is located at 20660 Plank Rd Zachary, LA.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: 2.41-acre commercial land parcel in Zachary, LA, at 20671 Plank Rd.; High visibility with 472 ft. of Plank Road frontage and 350 ft. on Redwood Lake Blvd.; Zoned Commercial-City of Zachary, featuring two DOTD-approved driveways.
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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
    20660 Plank Rd Zachary, LA 70791
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