20611 Plank Rd, Zachary, LA 70791
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.