Auto Repair Shop with Service
301 5th Street, Gretna, LA 70053
For Sale
$575,000
The property combines an equipped repair operation with office space and commercial zoning.
Property Size4,300 SF
Price / SF$133.72
Days on Market351
Property Features for 301 5th Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Business Included
Road Access
Automotive Uses
Real Estate Included
Amenities
office space
parking
Building Details
Building Size
Year Built
Stories
Listing Agency:
WayMaker Realty, LLC
(504) 233-8223
Listed By:
Timothy J Guillot
(504) 373-9057
Source:
Cypresskeyrealty
Added: Nov 25, 2025
Changed: Nov 8
Last Checked: Nov 8 at 9:18PM
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 WayMaker Realty, LLC
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Investment Insights
Based on property information with market context.
This auto repair property includes multiple service bays and office space, along with equipment for shop operations. The building dates to 1979, and the offering includes both the real estate and the business.
Located at 301 5th Street in Gretna, Louisiana, the property is zoned C-1 and sits minutes from an expressway and the downtown corridor.
Located at 301 5th Street in Gretna, Louisiana, the property is zoned C-1 and sits minutes from an expressway and the downtown corridor.
Key Highlights
- Equipped auto repair operation offered with the building
- Multiple service bays and office space
- C‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,521
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,420
$750.4K
Cap Rate 7%
$536,014
$536.0K
Cap Rate 9%
$416,900
$416.9K
Market Conditions
NOI Build-Up for 4,300 SF
Gross rent
$54.7K $12.72/SF
− Vacancy
−$1.1K −$0.25/SF
EGI
$53.6K $12.47/SF
− OpEx
−$16.1K −$3.74/SF
NOI
$37.5K $8.73/SF
Area
Jefferson County, LA
Vacancy
2.00%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,420
Cap Rate 7%
$536,014
Cap Rate 9%
$416,900
Alternative Uses
Best Use
Retail
$536.0K
$469.0K – $625.4K
NOI $37,521 @ 7.0% cap · market cap 6.53%
Second Best
Industrial
$367.7K
$321.7K – $428.9K
NOI $25,736 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$1.13M
$992.7K – $1.32M
NOI $79,412 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,817
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Amigos O.R. Body Shop — 654 Leson Ct B, Harvey, LA 70058
- Mastercaft Tires — Harvey, LA 70058
- ORB collision — 1517 8th St suite B, Harvey, LA 70058
- Lucky Rogers Express Car Care — 1529 8th St, Harvey, LA 70058
- Delta Electronics Company of LA, Inc. — 1505 8th St, Harvey, LA 70058
Frequently Asked Questions
What type of property is this?
Auto shop - The property combines an equipped repair operation with office space and commercial zoning.
Where is this auto shop located?
The property is located at 301 5th Street Gretna, LA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Equipped auto repair operation offered with the building; Multiple service bays and office space; C‑1 zoning
