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Property profile & analytics
FOR SALE
Specialty properties

5420 Old Scenic Hwy Zachary, LA 70791

2,294 SF Built 2000
Property ID
US36-0765367
Property summary
AI-generated overview

Exceptional investment opportunity in Zachary, Louisiana, featuring a 2,294 square foot medical office building situated on 5420 Old Scenic Hwy. This single-tenant, 100% occupied property boasts a desirable location with 113.36 feet of frontage along Old Scenic Highway, offering excellent visibility. Built in 2000, the building comprises two single-story structures and is zoned CN-Neighborhood Commercial. Currently leased as a residential group home, the property will be vacant in June 2024, presenting a unique opportunity for repositioning. The building includes a sprinkler system, three bedrooms, two bathrooms, a laundry room, storage garage, car garage, and an outdoor kitchen. Interior upgrades include solid ADA-accessible doors. The property is backed by the established Fennwood neighborhood and features mature oak trees. An adjacent 1.02-acre flag lot is available for potential expansion (sold separately). The asking price is $399,000, and the property is offered as a Net Net Net (NNN) lease. APN is 016-3421-6. This property is ideal for investors seeking a strong return in the healthcare or senior housing sectors.

Property profile
Verified
Property type Specialty properties
Year built 2000
Total area 2,294 SF
UPID US36-0765367
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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