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    2807 Judge Perez Dr Meraux, LA 70075

    For Sale
    $775,000

    10,739 SF Warehouse, Great Lease Potential

    Property size:
    10,739 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10,739-square-foot warehouse property, located at 2807-09 E Judge Perez Drive in Meraux, Louisiana, presents a compelling investment opportunity. Priced at $775,000 ($72.17 per square foot), this industrial property boasts a versatile layout ideal for a variety of commercial uses. The building comprises approximately 6,216 square feet of warehouse space and approximately 4,696 square feet of office space, totaling approximately 10,900 square feet. The office area features 17 individual offices, a sizable conference room, three bathrooms, and three storage rooms. A small storefront build-out with offices is situated on the right side of the building. Two of the three units are currently leased, generating a combined monthly rental income of $3,250. The property's strategic location offers excellent logistics, with convenient access to I-510 via Paris Road. This warehouse is situated in St. Bernard Parish, Louisiana, zip code 70075. The property's combination of ample warehouse space, extensive office accommodations, and strong rental income potential makes it an attractive investment for discerning buyers. This is a rare opportunity to acquire a well-maintained, income-producing commercial warehouse in a desirable location.

    Property Features for 2807 Judge Perez Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    10,739 SF

    HighLights

    • 10,739 SF warehouse in Meraux, LA, priced at $775,000 ($72.17/SF).
    • Features 6,216 SF of warehouse space and 4,696 SF of office space.
    • Office space includes 17 offices, a conference room, 3 bathrooms, and 3 storage rooms; plus a small storefront.
    • Two of three units leased, generating $3,250/month in rental income.
    • Excellent I‑510 access via Paris Road in St. Bernard Parish, LA (70075).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meraux
    County
    St. Bernard Parish
    State
    Louisiana
    Longitude
    -89.9326152
    Latitude
    29.9377795

    Nearby Comparable

    • $624,900
      0.25 Acres

      Meraux Commercial Warehouse with Offices

      Commercial warehouse with office space, great logistics, and income.
      2807-09 E Judge Perez Dr, Meraux, LA 70075
      View Details
    • $775,000
      10,912 SF

      Meraux Warehouse: Prime Commercial Space

      High-rent potential, I-510 access.
      2807-09 Judge Perez Dr, Meraux, LA 70075
      View Details
    • $740,000
      179,533 SF

      Meraux Commercial Land - Prime Location

      High-visibility 4-acre corner lot, C-2 zoned.
      - Judge Perez Dr, Meraux, LA 70075
      View Details

    Nearby Similar for Sale

    • $624,900
      0.25 Acres

      Meraux Commercial Warehouse with Offices

      Commercial warehouse with office space, great logistics, and income.
      2807-09 E Judge Perez Dr, Meraux, LA 70075
      View Details
    • $740,000
      179,533 SF

      Meraux Commercial Land - Prime Location

      High-visibility 4-acre corner lot, C-2 zoned.
      - Judge Perez Dr, Meraux, LA 70075
      View Details
    • $775,000
      10,912 SF

      Meraux Warehouse: Prime Commercial Space

      High-rent potential, I-510 access.
      2807-09 Judge Perez Dr, Meraux, LA 70075
      View Details

    FAQs

    What type of property is this?
    Distribution property - 10,739 SF Warehouse, Great Lease Potential
    Where is this distribution property located?
    The property is located at 2807 Judge Perez Dr Meraux, LA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: 10,739 SF warehouse in Meraux, LA, priced at $775,000 ($72.17/SF).; Features 6,216 SF of warehouse space and 4,696 SF of office space.; Office space includes 17 offices, a conference room, 3 bathrooms, and 3 storage rooms; plus a small storefront.
    Request Owner's contact information
    2807 Judge Perez Dr Meraux, LA 70075
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    Meraux, LA 70075
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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
    2807 Judge Perez Dr Meraux, LA 70075
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