401 Apollo Rd Scott, LA 70583
- Warehouses
- 81,000 SF
- 8.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 401 Apollo Rd
- Year built
- 1990
- Lot size
- 8.00 lot acres
- Property size
- 81,000 SF
- Property type
- Warehouses
- APN
- 6066377
- APU
- 6066377
Description
This exceptional 7,500-square-foot office building presents a unique opportunity in Scott, Louisiana. Located at 401 Apollo Road, this single-tenant property boasts a highly desirable location with frontage on three streets, ensuring excellent visibility and accessibility. The building is a single-story structure offering 7,500 square feet of completely vacant space, ready for immediate occupancy. The property includes ample surface parking, providing convenient parking for employees and clients. The building's convenient location offers easy access to Interstate 10, enhancing its appeal for businesses requiring convenient transportation links. The property is situated in Lafayette Parish, within submarket E, and has an APN of 6002945. While some existing office furniture is present, it is excluded from the rental rate. This presents a blank canvas for a business to customize the space to perfectly meet its needs. The property's single-tenant occupancy simplifies management and provides a cohesive work environment. This is an ideal opportunity for a business seeking a well-located, spacious, and readily available office space in a thriving Louisiana community. The zip code is 70583.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,630,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,015,000
- 6.5%
- $2,190,000
- 7%
- $2,050,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,375,000
- Geo Method
- $1,870,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,120,000
- Retail
- $2,530,000
- Mixed-Use
- $2,505,000
- Hospitality
- $2,365,000
- Educational
- $2,305,000
- Residential Income
- $1,910,000
- Energy
- $1,905,000
- Income-Based Land
- $2,225,000
- Food Service
- $1,875,000
Location Insight
- Map
- Local Demand
- City
- Scott
- County
- Lafayette
- State
- Louisiana
- Longitude
- -92.1062
- Latitude
- 30.2368
- CBSA code
- 29180
- CBSA name
- LAFAYETTE, LA METROPOLITAN STATISTICAL AREA
