Technical
Financial
Distress signals
Property profile

401 Apollo Rd Scott, LA 70583

FOR LEASE
Warehouses
Property ID
US36-1275007
81,000 SF 8 ac lot Built 1990
Entity Owned 2-yr Hold ~ Est. High Equity
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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

Location

401 Apollo Rd Scott, LA 70583
Scott metro Census 2003 LAFAYETTE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.07M
Blend (final) Blend
$2.63M

Owner & transaction history

since 2023
Last sale
$2.0M
2 recorded transactions
2023
$2.0M
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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