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    20611 Plank Rd Zachary, LA 70791

    For Sale
    $189,900

    Commercial/Residential Lot, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 5.38-acre parcel presents a unique investment opportunity in Zachary, Louisiana. Located at 20611 Plank Road, this property boasts 125 feet of frontage on Plank Road, offering high visibility and accessibility. Its strategic location places it just north of the Crossroads and adjacent to established residential developments like Redwood Lake Subdivision and the Oaks at Zachary, as well as the Bennett House. The property is zoned for both commercial and residential use, providing flexibility for a wide range of development possibilities. The asking price is $189,900, translating to approximately $35,297 per acre. The land features a nice tree line, offering potential for privacy or easily cleared for commercial development. The property is situated within the Zachary School District, a desirable attribute for residential projects. An adjacent 2.41-acre commercial property (Listing # 28651921) is also available, presenting an opportunity for larger-scale development. This prime location and versatile zoning make this a highly attractive investment for both commercial and residential ventures. The property is easily accessible and benefits from its proximity to established communities and amenities. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area.

    Property Features for 20611 Plank Rd

    General Information

    Property type
    Land
    Lot Size
    234,353 SF

    HighLights

    • $189,900 asking price.
    • 5.38‑acre commercial land parcel.
    • Located at 20611 Plank Rd, Zachary, LA 70791.
    • Zoned for commercial or residential use.
    • $35,297 per acre land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply 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
    -91.1028199
    Latitude
    30.6567327

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    FAQs

    What type of property is this?
    Land - Commercial/Residential Lot, Excellent Location
    Where is this land located?
    The property is located at 20611 Plank Rd Zachary, LA.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: $189,900 asking price.; 5.38-acre commercial land parcel.; Located at 20611 Plank Rd, Zachary, LA 70791.
    Request Owner's contact information
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    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
    20611 Plank Rd Zachary, LA 70791
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