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Property profile & analytics
OFF-MARKET
Office Spaces

615 Appollo Rd Scott, LA 70583

75,315 SF 3.15 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 75,315 SF
Lot 3.15 ac (137,214 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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