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    OFF-MARKET
    Land

    19857 Old Scenic Hwy, Zachary, LA 70791

    11.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 11.3-acre commercial land parcel, located at 19857 Old Scenic Hwy in Zachary, Louisiana (zip code 70791), presents a remarkable opportunity for multifamily or townhome development. The property boasts significant frontage along Old Scenic Highway (LA 964), enjoying daily visibility to approximately 110,685 vehicles. Its strategic location offers easy access to key amenities and infrastructure. The property is zoned SPUD (Small Planned Unit Development), facilitating streamlined development processes. Nearby established communities include Copper Mill Subdivision, and the proximity to Copper Mill Elementary School, Copper Mill Golf and Country Club, Zachary Parkside Apartment Homes, and Zachary Community Park enhances its appeal and potential for strong rental demand. The parcel's APN is 3061671. A wetlands determination is available. This offering presents a compelling investment opportunity in a rapidly growing area, with an asking price of $850,000. The East Baton Rouge Parish location provides access to a thriving local economy and robust infrastructure. This is an ideal site for developers seeking to capitalize on the high demand for residential housing in this desirable area.

    Property profile
    Verified
    Property type Land
    Lot 11.3 ac (492,228 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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