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    59 Westbank Expy Gretna, LA 70053

    Sponsored
    For Sale
    $475,000

    High-Visibility Commercial Space, 6,548 sq ft

    Property size:
    6,548 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 6,548 square foot commercial building is strategically located on Westbank Expressway in Gretna, Louisiana, offering unparalleled visibility and accessibility. Situated on a 0.43-acre lot, the property boasts significant frontage on the Expressway, ensuring high traffic exposure and excellent signage opportunities visible from overhead. Its prime location near Oakwood Mall and a short distance from both Downtown Old Gretna and New Orleans provides easy access to a large customer base. The building previously housed multiple businesses, including salons and a school, and features several private offices, three large open areas, a second-floor private loft office, and attic storage space. Currently in shell condition, the structurally sound steel frame construction is ready for immediate tenant build-out to suit a variety of commercial uses. Ample off-street parking is available. The property is zoned by the City of Gretna as Neighbor Commercial by Conditional Use (cannot be used as a church)

    Property Features for 59 Westbank Expy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,548 SF
    Lot Size
    18,731 SF

    Building Details

    Year Built
    1994
    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 Building Supply Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gretna
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.04596
    Latitude
    29.91813

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Commercial Space, 6,548 sq ft
    Where is this commercial real estate located?
    The property is located at 59 Westbank Expy Gretna, LA.
    What is the asking price?
    The asking price for this property is $475,000.
    (504) 305-4600
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    59 Westbank Expy Gretna, LA 70053
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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
    59 Westbank Expy Gretna, LA 70053
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