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    4951 Promenade Blvd Estelle, LA 70072

    For Sale
    Contact for pricing

    Prime commercial land, ideal for development. High traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial real estate opportunity presents two adjacent outparcels totaling 4.14 acres in Marrero, Louisiana. Located at 4951 Promenade Blvd, zip code 70072, this property offers unparalleled visibility and accessibility. One outparcel encompasses 2.87 acres, while the adjacent parcel measures 1.27 acres. Both are available for purchase individually or as a combined offering. The site benefits from its strategic location near a high-traffic road, ensuring significant exposure for any future development. Strong anchor tenants, including Lowe's, Walmart, and several quick-service restaurants, are situated nearby, creating a vibrant and established commercial environment. This vacant land presents a multitude of development possibilities, making it an attractive investment for businesses seeking a prime location in a thriving area. The property is conveniently located in Jefferson Parish, Louisiana, offering easy access to major transportation routes. The proximity to established businesses and high traffic volume makes this an exceptional opportunity for investors and developers alike. This is a rare chance to acquire a significant parcel of land in a high-demand commercial area.

    Property Features for 4951 Promenade Blvd

    General Information

    Property type
    Land
    Lot Size
    180,338 SF

    HighLights

    • High‑traffic road frontage.
    • Strong anchor tenants (Lowe's, Walmart, QSRs) nearby.
    • 4.14‑acre vacant land parcel (2.87 acres & 1.27 acres, individually or combined sale).
    • Excellent visibility and accessibility in Marrero, LA (4951 Promenade Blvd, 70072).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Estelle
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.1307797
    Latitude
    29.8120151

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    FAQs

    What type of property is this?
    Land - Prime commercial land, ideal for development. High traffic location.
    Where is this land located?
    The property is located at 4951 Promenade Blvd Estelle, LA.
    What are key features of this property?
    This property features: High-traffic road frontage.; Strong anchor tenants (Lowe's, Walmart, QSRs) nearby.; 4.14-acre vacant land parcel (2.87 acres & 1.27 acres, individually or combined sale).
    (504) 581-5005
    Request Owner's contact information
    4951 Promenade Blvd Estelle, LA 70072
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    Estelle, LA 70072
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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
    4951 Promenade Blvd Estelle, LA 70072
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