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    1104 Terry Pkwy Gretna, LA 70056

    For Sale
    $1,500,000

    Ready-to-build, prime Gretna location.

    Property size:
    30 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 1104 Terry Parkway in Gretna, Louisiana, presents a unique opportunity for redevelopment. The building, encompassing 30 square feet, sits on a sizable 0.69-acre lot, offering significant expansion potential. The property has already undergone a complete gutting, providing a blank canvas for a new construction project. This extensive renovation work eliminates the need for costly demolition and allows for immediate customization to suit a wide range of commercial uses. A significant advantage is the recently installed sprinkler system, a key feature that enhances safety and often reduces insurance premiums. The strategic location in Gretna, Louisiana, offers excellent visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in a thriving community. The asking price of $1,500,000 reflects the property's prime location, substantial lot size, and the significant value added by the completed gutting and new sprinkler system. This is a rare opportunity to acquire a ready-to-develop commercial property in a desirable area, offering substantial returns on investment for the right buyer. The 0.69-acre lot provides ample space for expansion or the addition of complementary structures. Serious inquiries are encouraged.

    Property Features for 1104 Terry Pkwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    30 SF
    Lot Size
    30,056 SF

    Building Details

    Year Built
    1980
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -90.03164
    Latitude
    29.89183

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    FAQs

    What type of property is this?
    Commercial real estate - Ready-to-build, prime Gretna location.
    Where is this commercial real estate located?
    The property is located at 1104 Terry Pkwy Gretna, LA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (225) 267-7447
    Request Owner's contact information
    1104 Terry Pkwy Gretna, LA 70056
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    Gretna, LA 70056
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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
    1104 Terry Pkwy Gretna, LA 70056
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