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Property profile & analytics
OFF-MARKET
Lifestyle centers

0 Old Scenic Hwy Zachary, LA 70791

30,446 SF 1.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail property, located on Old Scenic Highway in Zachary, Louisiana (zip code 70791), offers 30,446 square feet of space available for sale, ground lease, or build-to-suit opportunities. The property sits on a lot ranging from 1.2 to 46.4 acres and is zoned as Planned Unit Development (PUD), allowing for a variety of uses including convenience stores, restaurants, storefronts, and shopping centers. With a triple-net (NNN) lease type and a price per square foot of $15, this location presents a compelling investment opportunity. The site boasts excellent visibility and high traffic volume (31,000 vehicles per day) and benefits from its proximity to more than 2000 approved residential lots within a half-mile radius and the Lane Regional Medical Campus, currently undergoing a $90 million renovation. The property is situated in an area with some of the highest household income demographics in Louisiana, serving an underserved retail market. This prime location within the Zachary School District makes it ideal for a range of businesses, including grocers, restaurants, retail establishments, and medical and office users. The property's strategic position and the area's rapid growth make this an unparalleled opportunity to establish a presence in a thriving business hub. The APN is 30832421.

Property profile
Verified
Property type Lifestyle centers
Total area 30,446 SF
Lot 1.2 ac (52,272 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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