3322 Westwood Rd Westlake, LA 70669
This exceptional 8.5-acre mixed-use property in Westlake, LA, presents a remarkable investment opportunity. Located at 3322 Westwood Road (with a second address at 3324), this near 9-acre parcel boasts over 300 feet of road frontage and significant depth, offering unparalleled development potential. Its prime location across from the Westlake Recreation District, baseball fields, and Pinederosa Park, and south of the bustling Phillips Road, ensures high visibility and accessibility. The property sits in flood zone X, eliminating the typical need for flood insurance. The land is partially cleared and includes two existing structures: an older homestead and a former rental residence. These structures are not factored into the asking price of $498,500 and will not be repaired by the seller
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.