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    2807-09 Judge Perez Dr Meraux, LA 70075

    For Sale
    $775,000

    High-rent potential, I-510 access.

    Property size:
    10,912 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 10,912 square foot commercial property in Meraux, LA, presents a lucrative investment opportunity. Situated on a 0.25-acre lot at 2807-09 E Judge Perez Drive, this building boasts a strategic location, offering easy access to I-510 via Paris Road, making it ideal for logistics-based businesses. The property comprises approximately 4,696 square feet of office space and 6,216 square feet of warehouse space, totaling 10,912 square feet. The layout includes 17 individual offices, a small storefront area with adjacent offices, three bathrooms, three storage rooms, and a large conference room. The building's functionality is further enhanced by its existing lease agreements. Two of the three units are currently leased for one year, generating a combined monthly rental income of $3,250. This established rental income stream provides immediate return on investment, while the remaining space offers significant potential for further lease agreements and revenue generation. The property's size, layout, and convenient location make it an attractive proposition for a variety of commercial uses. This is a rare opportunity to acquire a high-performing commercial property in a desirable location.

    Property Features for 2807-09 Judge Perez Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,912 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meraux
    County
    St. Bernard
    State
    Louisiana
    Longitude
    -89.93287
    Latitude
    29.93792

    Nearby Comparable

    • $775,000
      10,739 SF

      Meraux Warehouse: Prime Location

      10,739 SF Warehouse, Great Lease Potential
      2807 Judge Perez Dr, Meraux, LA 70075
      View Details
    • $624,900
      0.25 Acres

      Meraux Commercial Warehouse with Offices

      Commercial warehouse with office space, great logistics, and income.
      2807-09 E Judge Perez Dr, Meraux, LA 70075
      View Details
    • $740,000
      179,533 SF

      Meraux Commercial Land - Prime Location

      High-visibility 4-acre corner lot, C-2 zoned.
      - Judge Perez Dr, Meraux, LA 70075
      View Details

    Nearby Similar for Sale

    • $624,900
      0.25 Acres

      Meraux Commercial Warehouse with Offices

      Commercial warehouse with office space, great logistics, and income.
      2807-09 E Judge Perez Dr, Meraux, LA 70075
      View Details
    • $740,000
      179,533 SF

      Meraux Commercial Land - Prime Location

      High-visibility 4-acre corner lot, C-2 zoned.
      - Judge Perez Dr, Meraux, LA 70075
      View Details
    • $775,000
      10,739 SF

      Meraux Warehouse: Prime Location

      10,739 SF Warehouse, Great Lease Potential
      2807 Judge Perez Dr, Meraux, LA 70075
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-rent potential, I-510 access.
    Where is this commercial real estate located?
    The property is located at 2807-09 Judge Perez Dr Meraux, LA.
    What is the asking price?
    The asking price for this property is $775,000.
    (504) 302-4610
    Request Owner's contact information
    2807-09 Judge Perez Dr Meraux, LA 70075
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2807-09 Judge Perez Dr Meraux, LA 70075
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