Current Use by Public Records
- Land
Property Details for 615 Apollo Rd
- Lot size
- 6.00 lot acres
- Property type
- Land
Description
This exceptional 6-acre commercial land parcel in Scott, Louisiana, presents a unique investment opportunity. Located at 615 Apollo Rd, the property boasts frontage on Apollo Road, Chappuis Industrial Lane, and Old Spanish Trail, offering unparalleled accessibility. The recent completion of the Apollo Road extension to the new roundabout at Dulles Blvd and Rue de Belier significantly enhances visibility and traffic flow, with projections exceeding 30,000 vehicles daily. This strategic location is further amplified by its proximity to the burgeoning West Village, a master-planned mixed-use development encompassing over 140 acres, featuring nearly 400 homes and numerous businesses, including The Waters at West Village, a 216-unit apartment complex. The property's zoning is designated as Commercial, allowing for a wide range of development possibilities. The site benefits from a completed common access drive to Apollo Rd and falls within the Apollo Road Corridor District, ensuring adherence to design standards that enhance the area's aesthetic appeal. An adjacent 3.2-acre parcel, recently developed into a convenience store and medical strip center, further underscores the area's strong commercial viability. The asking price is $3,659,040, translating to $479,166 per acre, reflecting the property's prime location and development potential. The APN is 6171214. This is an exceptional opportunity to capitalize on the rapid growth and development within this thriving commercial corridor.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Scott
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -92.1072
- Latitude
- 30.2336
