Property profile

29780 Walker Rd Walker, LA 70785

OFF-MARKET
Retail properties & Spaces
5,518 SF 0.46 ac lot
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Property summary

AI-generated overview

This exceptional 1.27-acre retail property in Walker, Louisiana, presents a compelling investment opportunity. Located at 29780 Walker South Rd, 70785, this strategically positioned site boasts 5,518 square feet of total space, with 4,370 square feet of net rentable area. The property features a single, one-story building and benefits from existing driveways and limited on-site parking. Its prime location between O'Reilly Auto Parts and Goodwill, just east of Walgreens, ensures high visibility and accessibility. Convenient access to Highway 190, Walker South Road, and Aydell Lane is facilitated by cross easements across neighboring properties, including the Walker Plaza Shopping Center. While some use restrictions are in place, the property's asking price is $1,150,000, translating to approximately $905,512 per acre. This high-traffic location, coupled with existing infrastructure, makes this an ideal site for a variety of retail ventures. The property's strategic placement near major retailers and convenient access points promises strong potential for return on investment. Interested parties should inquire about specific use restrictions.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,518 SF
Lot 0.46 ac (20,038 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

29780 Walker Rd Walker, LA 70785
Walker metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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