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    1065 Muller Pkwy Westwego, LA 70094

    For Sale
    $699,000

    Three-suite office building, vacant, $699,000

    Property size:
    7,332 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This well-constructed, three-unit office building is ideally situated off the Westbank Expressway in Westwego, Louisiana, at 1065 Muller Pkwy, zip code 70094. The property, classified as a Class B Traditional Office building, offers a total of 7,332 square feet of leasable space, currently vacant and available for sale at $699,000. The building is divided into three suites: Suite A (880 sq ft), Suite B (2,077 sq ft), and Suite C (880 sq ft). Each suite is individually metered. Ample parking is provided with 15 spaces, conveniently accessible from Victory Drive. The building is offered under a modified lease type. The lease rate is $15.00 per square foot, NNN. This presents a unique opportunity for investors or owner-occupiers seeking a well-located, multi-tenant office building in a growing area. The property's location offers easy access to the Westbank Expressway, ensuring convenient commutes for tenants and clients. The building's solid construction and layout make it an attractive investment prospect with significant potential for rental income or immediate occupancy. The property is situated in Jefferson Parish, Louisiana.

    Property Features for 1065 Muller Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,332 SF
    Class
    B
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Legette Construction Construction Company Peoples Community Subsidiary Community Center

    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
    Westwego
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.1350612
    Latitude
    29.8951701

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    FAQs

    What type of property is this?
    Office Property / Space - Three-suite office building, vacant, $699,000
    Where is this office property / space located?
    The property is located at 1065 Muller Pkwy Westwego, LA.
    What is the asking price?
    The asking price for this property is $699,000.
    (504) 366-6800
    Request Owner's contact information
    1065 Muller Pkwy Westwego, LA 70094
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    Westwego, LA 70094
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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
    1065 Muller Pkwy Westwego, LA 70094
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