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    OFF-MARKET
    Land

    20611 Plank Rd, Zachary, LA 70791

    5.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.38-acre parcel presents a unique investment opportunity in Zachary, Louisiana. Located at 20611 Plank Road, this property boasts 125 feet of frontage on Plank Road, offering high visibility and accessibility. Its strategic location places it just north of the Crossroads and adjacent to established residential developments like Redwood Lake Subdivision and the Oaks at Zachary, as well as the Bennett House. The property is zoned for both commercial and residential use, providing flexibility for a wide range of development possibilities. The asking price is $189,900, translating to approximately $35,297 per acre. The land features a nice tree line, offering potential for privacy or easily cleared for commercial development. The property is situated within the Zachary School District, a desirable attribute for residential projects. An adjacent 2.41-acre commercial property (Listing # 28651921) is also available, presenting an opportunity for larger-scale development. This prime location and versatile zoning make this a highly attractive investment for both commercial and residential ventures. The property is easily accessible and benefits from its proximity to established communities and amenities. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 5.38 ac (234,353 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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