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    OFF-MARKET
    Commercial land

    28798 Walker S Rd, Walker, LA 70785-6033

    1.5 ac lot
    Entity Owned 12-yr Hold Absentee Owner Free & Clear
    Property ID
    US36-1015975
    Property summary
    AI-generated overview

    This exceptional 1.505-acre commercial and industrial land parcel is ideally situated in Walker, Louisiana, at 28798 Walker South Road. Boasting a convenient location between I-12 and Florida Boulevard, this property offers unparalleled access to major transportation arteries and a thriving commercial district. Surrounded by established businesses including Walmart, AutoZone, and numerous restaurants, this site presents a remarkable opportunity for a variety of commercial ventures. The property benefits from a 25-foot servitude for access and a 50-foot signage easement directly off Walker South Road, ensuring high visibility and accessibility. Zoned R-C, the property allows for a wide range of potential uses, subject to local regulations. Importantly, this land did not flood during the 2016 flood events. The asking price is $200,000, representing a land value of $143,333 per acre. This prime location, coupled with its versatile zoning and convenient access, makes this an exceptional investment opportunity in a rapidly growing area. The property is offered for sale by owner and is ready for immediate development. The 70785 zip code ensures easy identification and access to local amenities.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.5 ac (65,340 SF)
    APN 267997
    UPID US36-1015975
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Hot Work Property LLC · 12 yrs held
    Hot Work Property LLC
    since 2013
    3 recorded transactions
    2013
    $720,000
    2007
    $800,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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