615 Appollo Rd Scott, LA 70583
This exceptional commercial property, located at 615 Appollo Rd in Scott, Louisiana (Lafayette County, zip code 70583), presents a unique investment opportunity. The property encompasses a substantial 75,315 square feet of office space situated on a generous 3.15-acre lot (APN 6175077). Currently offered at a significantly reduced price of $1,131,863, this translates to an attractive price per square foot of $15.03. The land itself holds considerable value, with a price per acre of $654,637. The property's strategic location is further enhanced by its adjacency to a newly constructed whitewater express car wash, promising high visibility and potential synergistic benefits. The asking price reflects a recent reduction from a previous price per square foot of $16.50. While the entire parcel is available at $15.03 per square foot, there is also the option of re-subdivision, which would result in a price of $18.50 per square foot. This versatile property is ideal for a variety of commercial uses and presents a compelling opportunity for investors seeking a prime location in a growing area. The property's size and location make it a highly desirable asset in the Scott, Louisiana market. Coordinates: 30.233594, -92.107225.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.