Commercial Land with MUCD
For Sale
Contact for pricing
Pending
4950 Promenade Blvd, Marrero, LA 70072
Surveyed assemblage includes two parcels totaling 12.5 acres, with Promenade Circle access road included for MUCD density.
Property SizeContact for details
Days on Market145
Property Features for 4950 Promenade Blvd
General Information
Standard status
Pending
Property subtype
Land
Zoning
MUCD
Listing Agency:
Property One Inc
Listed By:
Warren Surcouf · License #LA 0995695180
(504) 681-3421
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 1 at 4:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Property One Inc
Investment Insights
Based on property information with market context.
The assemblage is based on the most recent survey and includes Parcel 6-A-4C (4.21 acres) and Parcel 6-A-4D (8.29 acres). The surrounding access road, Promenade Circle, totals 4.13 acres and cannot be developed; however, it may be included for determining maximum density under the MUCD zoning.
The surrounding area features a mix of residential development and retail amenities tied to Promenade Blvd, including Walmart, Lowe's, and a Home Depot to the east of the site. Other nearby uses include restaurants, office/medical office buildings, warehouses, and service stations.
Current market rents in the surrounding area range from $1.20 to $1.91 per SF, with vacancy rates reported between 3.9% and 20.7%. The provided outlook indicates relatively stable conditions with little forecasted growth driven by population and economic change.
The surrounding area features a mix of residential development and retail amenities tied to Promenade Blvd, including Walmart, Lowe's, and a Home Depot to the east of the site. Other nearby uses include restaurants, office/medical office buildings, warehouses, and service stations.
Current market rents in the surrounding area range from $1.20 to $1.91 per SF, with vacancy rates reported between 3.9% and 20.7%. The provided outlook indicates relatively stable conditions with little forecasted growth driven by population and economic change.
Key Highlights
- Surveyed assemblage includes two parcels totaling 12.5 acres: 4.21 acres (6‑A‑4C) and 8.29 acres (6‑A‑4D).
- Promenade Circle access road totals 4.13 acres; not developable, but can be included to determine maximum density under MUCD zoning.
- Current surrounding‑area market rents range from $1.20 to $1.91 per SF.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 70072, LA
56,924
Population
22,845
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
51.8 sq mi
ZIP Area
1,099
Density / Sq Mi
$55,866
Median Household Income
$34,411
Median Earnings
$1,091
Median Rent
$190,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Surveyed assemblage includes two parcels totaling 12.5 acres, with Promenade Circle access road included for MUCD density.
Where is this commercial land located?
The property is located at 4950 Promenade Blvd Marrero, LA.
What are key features of this property?
This property features: Surveyed assemblage includes two parcels totaling 12.5 acres: 4.21 acres (6‑A‑4C) and 8.29 acres (6‑A‑4D).; Promenade Circle access road totals 4.13 acres; not developable, but can be included to determine maximum density under MUCD zoning.; Current surrounding‑area market rents range from $1.20 to $1.91 per SF.
