28798 Walker RdWalker, LA 70785

  • Land
  • 1.50 AC
For Sale
$200,000 View listing

Property Details for 28798 Walker Rd

Lot size
1.50 AC
Property type
Land
Property subtype
Commercial land
APN
267997
APU
267997

Description

This exceptional 1.505-acre commercial and industrial land parcel is ideally situated in Walker, Louisiana, at 28798 Walker South Road. Boasting a convenient location between I-12 and Florida Boulevard, this property offers unparalleled access to major transportation arteries and a thriving commercial district. Surrounded by established businesses including Walmart, AutoZone, and numerous restaurants, this site presents a remarkable opportunity for a variety of commercial ventures. The property benefits from a 25-foot servitude for access and a 50-foot signage easement directly off Walker South Road, ensuring high visibility and accessibility. Zoned R-C, the property allows for a wide range of potential uses, subject to local regulations. Importantly, this land did not flood during the 2016 flood events. The asking price is $200,000, representing a land value of $143,333 per acre. This prime location, coupled with its versatile zoning and convenient access, makes this an exceptional investment opportunity in a rapidly growing area. The property is offered for sale by owner and is ready for immediate development. The 70785 zip code ensures easy identification and access to local amenities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,493,444
    Hospitality
    $9,611,938
    Educational
    $7,997,020
    Medical
    $8,272,050
    Retail
    $12,439,808
28798 Walker Rd, Walker, Louisiana

Location Insight

City
Walker
County
Livingston
State
Louisiana
Latitude
30.4786
Longitude
-90.8615
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
$1,358
$11,250
-
$11,250
-
$112,500
-
$112,500

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