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Property profile & analytics
FOR LEASE
Warehouses

401 Apollo Rd Scott, LA 70583

81,000 SF 8 ac lot Built 1990
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US36-1275007
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Total area 81,000 SF
Lot 8 ac (348,480 SF)
APN 6066377
UPID US36-1275007
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
$2.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.07M
Blend (final) Blend
$2.65M
Owner & transaction history
Randolph Mccormick Realty INC · 2 yrs held
Randolph Mccormick Realty INC
since 2023
Last sale
$2.0M
2 recorded transactions
2023
$2.0M
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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