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    6243 River Rd Avondale, LA 70094

    For Sale
    $2,000,000

    High-return retail investment opportunity.

    Property size:
    7,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a thriving multi-tenant retail complex in Avondale, Louisiana, encompassing a fully operational gas station and convenience store on a substantial 1.7-acre lot. The 7,750-square-foot building, constructed in 2005 and situated in a C-2 Commercial zone, boasts 100% occupancy across its five units. The convenience store generates strong revenue streams from sales of hot food, tobacco, liquor, and lottery tickets. Two fuel pumps dispense both regular and diesel fuel (unbranded). The property includes two additional storage containers, offering further potential for expansion or leasing. The substantial lot size presents significant opportunities for future development or expansion of existing operations. Located at 6243 River Rd, Avondale, LA 70094, this property is situated in an X flood zone. The asking price is $2,000,000, representing a price per square foot of $258.06. The current lease terms are expiring, presenting a unique chance to renegotiate and maximize rental income. This turnkey operation offers immediate cash flow and substantial long-term growth potential. Don't miss this chance to acquire a high-performing retail asset in a prime location.

    Property Features for 6243 River Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,750 SF
    Lot Size
    74,052 SF

    Building Details

    Year Built
    2005
    Units
    5

    HighLights

    • $2,000,000 asking price for a multi‑tenant retail property.
    • 7,750 square feet on a 1.7‑acre lot in Avondale, LA.
    • Property includes a convenience store, gas station, and additional leasable space.
    • Features two gas pumps (unbranded) dispensing regular and diesel fuel.
    • Convenience store offers hot food, tobacco, liquor, and lottery tickets.
    • Built in 2005, with C‑2 Commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    T's Store Gas Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Avondale
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.2106172
    Latitude
    29.9200487

    Nearby Comparable

    • $1,800,000
      7,750 SF

      Multi-Unit Property with Gas Station

      7,750 SF property with gas station and multiple units.
      6243 River Rd, Avondale, LA 70094
      View Details
    • $400,000
      1,200 SF

      Westwego Restaurant with Outdoor Seating

      Licensed, permitted restaurant with outdoor seating and container concept.
      1101 Us Hwy 90 Hwy, Westwego, LA 70094
      View Details
    • Contact for pricing
      222 SF

      Highway 90 Land Opportunity

      222 acres available on Highway 90 in Avondale.
      3401 Highway 90, Westwego, LA 70094
      View Details

    Nearby Similar for Sale

    • $1,800,000
      7,750 SF

      Multi-Unit Property with Gas Station

      7,750 SF property with gas station and multiple units.
      6243 River Rd, Avondale, LA 70094
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-return retail investment opportunity.
    Where is this individual retail property located?
    The property is located at 6243 River Rd Avondale, LA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price for a multi-tenant retail property.; 7,750 square feet on a 1.7-acre lot in Avondale, LA.; Property includes a convenience store, gas station, and additional leasable space.
    Request Owner's contact information
    6243 River Rd Avondale, LA 70094
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    Avondale, 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
    6243 River Rd Avondale, LA 70094
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