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    Property profile & analytics
    OFF-MARKET Estimated value $2,060,000
    Commercial land

    28910 Walker S Rd, Walker, LA 70785-6035

    0.72 ac lot
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US36-1412424
    Property summary
    AI-generated overview

    This exceptional 12,000-square-foot build-to-suit opportunity presents a unique chance to develop a Class A executive office space, retail space, or warehouse in Walker, Louisiana. Located on a 0.724-acre lot in Livingston Parish, this single-tenant property boasts a prime location behind Arby's and Popeye's, offering convenient access to Walker South Road (Hwy 447) and Interstate 12. The property features 25 feet of frontage on Hwy 447, ensuring high visibility and easy accessibility. The site is zoned RC (Residential Commercial), providing flexibility for various development plans. Construction was completed in 2022, offering a modern and efficient building. This build-to-suit option allows for customization to meet specific business needs, making it ideal for companies seeking a tailored space in a thriving location. The competitive development rates make this an attractive investment opportunity. The property's strategic location provides easy access to major transportation routes, connecting businesses to Florida and other areas of the parish and region. This is an ideal location for businesses seeking a high-profile location without the need for direct retail frontage.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.72 ac (31,363 SF)
    APN 322305
    UPID US36-1412424
    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
    Current use
    Occupant on record · Public records
    • Arby's Restaurant Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.16M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.06M
    Owner & transaction history
    Iris Associates LP · 2 yrs held
    Iris Associates LP
    since 2023
    Last sale
    $2.1M
    2 recorded transactions
    2023
    $2.1M
    2015
    $360,285
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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