0 Old Scenic Hwy Zachary, LA 70791
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.
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
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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.