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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

29700 Walker Rd Walker, LA 70785

1.27 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.27-acre commercial land parcel, located at 29700 Walker South Rd, Walker, LA 70785 (APN 0330423), presents a unique investment opportunity. Zoned RC (Residential Commercial), this property offers significant potential for retail development. The asking price is $1,150,000, translating to approximately $905,511 per unit based on current calculations. The site boasts existing driveways and limited on-site parking, enhancing its immediate usability. Crucially, cross easements ensure convenient ingress and egress via O'Reilly's Auto Parts, Walker Plaza Shopping Center, and Walgreens, providing excellent access to Highway 190, Walker South Road, and Aydell Lane. The property's proximity to the new Walker Municipal Building further enhances its desirability. While some use restrictions are in place, the strategic location and existing infrastructure make this a compelling opportunity for developers seeking a well-positioned retail site in a thriving Louisiana community. Interested parties should review the applicable zoning regulations and use restrictions before making an offer. The property's location offers high visibility and accessibility, making it ideal for a variety of retail uses.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.27 ac (55,321 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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