C-2 Retail
For Sale
$1,300,000
2504 Belle Chasse Hwy, Gretna, LA 70053
Retail-oriented commercial space in a multi-use building with C-2 zoning.
Property Size6,400 SF
Price / SF$203.13
Days on Market184
Property Features for 2504 Belle Chasse Hwy
General Information
Standard status
Active
Size
6,400 SF
Property subtype
Retail
Zoning
C-2
Listing Agency:
Don Randon Real Estate Inc
Listed By:
Don Randon
(504) 581-1111
Source:
Lacdb.resimplifi
Added: Apr 15
Changed: Oct 10
Last Checked: Oct 14 at 7:48PM
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 Don Randon Real Estate Inc
Investment Insights
Based on property information with market context.
This 6,400-square-foot commercial property is classified as retail space and is situated within a multi-use building. The asset carries C-2 zoning, providing the stated land-use designation for the property.
The building is located at 2504 Belle Chasse Hwy in Gretna, Louisiana 70053.
The building is located at 2504 Belle Chasse Hwy in Gretna, Louisiana 70053.
Key Highlights
- 6,400‑square‑foot retail property
- C‑2 zoning
- Multi‑use building configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,155
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,023,100
$2.0M
Cap Rate 7%
$1,445,071
$1.4M
Cap Rate 9%
$1,123,944
$1.1M
Market Conditions
NOI Build-Up for 6,400 SF
Gross rent
$147.5K $23.04/SF
− Vacancy
−$2.9K −$0.46/SF
EGI
$144.5K $22.58/SF
− OpEx
−$43.4K −$6.77/SF
NOI
$101.2K $15.81/SF
Area
Jefferson County, LA
Vacancy
2.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,023,100
Cap Rate 7%
$1,445,071
Cap Rate 9%
$1,123,944
Alternative Uses
Best Use
Retail
$1.45M
$1.26M – $1.69M
NOI $101,155 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,195 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,871
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,394 visits/mo
0.5 miles
Shell
Shops & Services
5,785 visits/mo
0.2 miles
Family Dollar
Shops & Services
5,076 visits/mo
0.4 miles
Public Storage
Shops & Services
2,422 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
1,898 visits/mo
0.1 miles
Demographics for 70053, LA
16,509
Population
7,865
Households
2.1
Avg Household Size
39
Median Age
24%
College-Educated
75%
High-School Grad
3.4 sq mi
ZIP Area
4,856
Density / Sq Mi
$43,786
Median Household Income
$31,667
Median Earnings
$1,017
Median Rent
$225,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail-oriented commercial space in a multi-use building with C-2 zoning.
Where is this retail space located?
The property is located at 2504 Belle Chasse Hwy Gretna, LA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 6,400‑square‑foot retail property; C‑2 zoning; Multi‑use building configuration
