Motel with Fish-Cleaning
For Sale
$750,000
3447 HIGHWAY 1, Grand Isle, LA 70358
Commercial Sale, Grand Isle, LA
Property Size3,840 SF
Lot Size0.35 Acres
Price / SF$195.31
Days on Market146
Property Features for 3447 HIGHWAY 1
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Drive South on LA 1 to Grand Isle; when exiting the Grand Isle Bridge continue South to mile marker 2.8; continue South for 2 more streets; 3447 is on corner of Hwy 1 & Minnich Ln.
Standard status
Active
APN
0610000239
Size
3,840 SF
Lot size
0.35 Acres
Additional Details
Business Included
Yes
Taxes and HOA fees
Tax Description
Parts of Lots 1-B 2-B 3-B Meas 127.7 Ft on GI Hwy St Route #620 x 132.8 Ft on West Side x 106.63 Ft on East Side x 125 Ft in Width Oak Lawn Sub
Tax Annual Amount
2100
Legal Description
Parts of Lots 1-B 2-B 3-B Meas 127.7 Ft on GI Hwy St Route #620 x 132.8 Ft on West Side x 106.63 Ft on East Side x 125 Ft in Width Oak Lawn Sub
Utilities
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Amenities
Gulf views
welcoming common area
dedicated fish-cleaning station
Building Details
Building materials
Frame, Metal Siding
Roof type
Metal
Listing Agency:
Island Realty
Listed By:
Sadie M Galiano · License #73867
(985) 787-2747
Added: Jun 1
Changed: Oct 23
Last Checked: Oct 24 at 6:06AM
MLS# 2026010277
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This five-unit motel in Grand Isle contains 3,840 square feet on a 0.35-acre parcel. The property has been remodeled and includes a shared guest area and a station for cleaning fish. Gulf views are also part of the setting.
The motel is at 3447 Highway 1, near grocery stores, bars, restaurants, and the beach. Central heating and central air conditioning serve the property. Water is supplied publicly, and the site has a private sewer system.
The motel is at 3447 Highway 1, near grocery stores, bars, restaurants, and the beach. Central heating and central air conditioning serve the property. Water is supplied publicly, and the site has a private sewer system.
Key Highlights
- Five‑unit motel with 3,840 square feet of building area
- Remodeled property on 0.35 acres
- Guest common area and dedicated fish‑cleaning station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,341
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,820
$426.8K
Cap Rate 7%
$304,871
$304.9K
Cap Rate 9%
$237,122
$237.1K
Market Conditions
NOI Build-Up for 3,840 SF
Gross rent
$69.1K $18.00/SF
− Vacancy
−$24.2K −$6.30/SF
EGI
$44.9K $11.70/SF
− OpEx
−$23.6K −$6.14/SF
NOI
$21.3K $5.56/SF
Area
Jefferson County, LA
Vacancy
35.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,820
Cap Rate 7%
$304,871
Cap Rate 9%
$237,122
Alternative Uses
Best Use
Hotel Hospitality
$304.9K
$266.8K – $355.7K
NOI $21,341 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$886.5K – $1.18M
NOI $70,917 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70358, LA
1,005
Population
1,703
Households
0.6
Avg Household Size
51
Median Age
24%
College-Educated
87%
High-School Grad
6.5 sq mi
ZIP Area
155
Density / Sq Mi
$43,707
Median Earnings
$1,118
Median Rent
$266,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Similar Off Market Nearby
- Camp Laid Back — 2911 LA-1, Grand Isle, LA 70358
- Grand Isle Beach at Aurora Lane — 2950 LA-1, Grand Isle, LA 70358
- Grand Isle Beach Santiny Lane — 3000 LA-1, Grand Isle, LA 70358
- Tarpon Lounger B&B — 3006 LA-1, Grand Isle, LA 70358
- Grand Isle Beach Capital Lane — Grand Isle, LA 70358
Frequently Asked Questions
What type of property is this?
Motel - Five guest units accommodate both vacation stays and longer-term rentals.
Where is this motel located?
The property is located at 3447 HIGHWAY 1 Grand Isle, LA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Five‑unit motel with 3,840 square feet of building area; Remodeled property on 0.35 acres; Guest common area and dedicated fish‑cleaning station
