28798 Walker S Rd, Walker, LA 70785-6033
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.