6363 Main St Zachary, LA 70791
Property profile & analytics
6363 Main St Zachary, LA 70791
- Investment properties
- 18,900 SF
- 2.02 lot acres
Property ID
US36-0707427
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Bayou Dawgz Grooming / Pet Grooming Service
- GoAuto Insurance / Insurance Agency
- Ez Buffet / Restaurant / Buffet
- Serenity Hospice / Nursing Home
- Sonnier Chiropractic Clinic / Alternative Medicine Practice
Property Details for 6363 Main St
- Year built
- 2006
- Lot size
- 2.02 lot acres
- Property size
- 18,900 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 1830252
- APU
- 1830252
Description
This exceptional 18,915 square foot shopping center in Zachary, Louisiana, presents a compelling investment opportunity. Boasting a 7.99% cap rate and a strong 92.6% occupancy, the property features ten tenants under NNN leases with staggered expirations, minimizing vacancy risk. Situated on a 1.99-acre lot on a high-traffic thoroughfare (over 24,878 vehicles per day), the center benefits from its location across from a major regional medical center and within a thriving retail corridor. The surrounding area includes numerous national retailers, indicating a robust and established market. Built in 2006, the center generates a net operating income (NOI) of $239,583. The property's prime location within the Baton Rouge metro area, the second largest in Louisiana, and a strong average household income of $95,589 within a 3-mile radius, further enhances its investment potential. This well-maintained shopping center offers a stable and attractive return for discerning investors. The property's size, tenant mix, and location combine to create a highly desirable retail investment. The existing leases provide a predictable income stream, while the strategic location ensures continued growth and profitability. This is a rare opportunity to acquire a well-performing retail asset in a rapidly growing market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,675,000
- ML approach
- $1,675,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,610,000
- 6.5%
- $2,410,000
- 7%
- $2,235,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,429,000
- AI Estimate
- $1,957,000
Market price range: $1.10M - $3.15MMarket price range: $620k - $2.37M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Zachary
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.1369
- Latitude
- 30.6508
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,970
$30,000
$217,500
$247,500
-
$300,000
$1,450,000
$1,750,000
