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    4509 Veterans Blvd Metairie, LA 70006

    Sponsored
    For Sale
    $3,200,000

    Prime Metairie location, vacant, high visibility.

    Property size:
    25,984 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a vacant, 25,984 square foot executive office building situated at 4509 Veterans Boulevard in Metairie, Louisiana. Priced at $3,200,000 ($123.25 per square foot), this property boasts a prime location near the intersection of Clearview Parkway and Veterans Boulevard, offering excellent visibility and accessibility. The property benefits from its proximity to the I-10 interchange and the Clearview City Center redevelopment project. The building sits on a 25,984 square foot lot, with a land value of $161.64 per square foot. This unique offering includes two parcels, providing three points of ingress/egress on Veterans Boulevard, North Woodlawn Avenue, and Yale Street. Both sites are zoned BC-2 (Business Core District), allowing for a variety of commercial uses. The property features approximately 100 feet of frontage along Veterans Boulevard. All measurements are approximate and should be verified by the purchaser. Zoning, overlays, and intended use should also be independently verified. This is a rare chance to acquire a high-profile commercial property in a rapidly developing area of Metairie.

    Property Features for 4509 Veterans Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    25,984 SF

    HighLights

    • Vacant 25,984 SF executive office building in Metairie, LA.
    • Priced at $3,200,000 ($123.25/SF).
    • Prime location near Clearview Parkway and Veterans Boulevard with excellent visibility and I‑10 access.
    • Sits on a 25,984 SF lot ($161.64/SF land value).
    • Two parcels with three points of ingress/egress.
    • BC‑2 zoning allows for various commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    GARDNER, REALTORS Real Estate Agency Ginger hartdegen Gardner ... Real Estate Agents Movement Mortgage Metairie Mortgage Lender

    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
    Metairie
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.1839594
    Latitude
    30.0056219

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Metairie location, vacant, high visibility.
    Where is this office property / space located?
    The property is located at 4509 Veterans Blvd Metairie, LA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Vacant 25,984 SF executive office building in Metairie, LA.; Priced at $3,200,000 ($123.25/SF).; Prime location near Clearview Parkway and Veterans Boulevard with excellent visibility and I-10 access.
    Request Owner's contact information
    4509 Veterans Blvd Metairie, LA 70006
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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
    4509 Veterans Blvd Metairie, LA 70006
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