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    1905 Airline Hwy LaPlace, LA 70068

    For Sale
    $1,625,000

    High-visibility retail, ±32,241 SF, prime location.

    Property size:
    32,241 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This ±32,241 square foot mixed-use property at 1905 W Airline Hwy, LaPlace, LA 70068, is a prime commercial investment opportunity. Currently vacant, this Class B building sits on a 1.45-acre lot (APN: 0400033700) and boasts ±239 feet of frontage along W Airline Hwy, experiencing approximately 37,049 daily vehicles. The property's previous configuration included ±3,064 square feet of office space, ±11,858 square feet of event venue space (complete with a commercial kitchen), ±9,677 square feet of funeral home space, and ±6,300 square feet of warehouse space. The building features 15-foot ceilings throughout and three roll-up doors at the front of the warehouse area. There are 47 parking spaces available. The property is zoned C-3 – Commercial District Three and benefits from its strategic location in a high-traffic retail corridor, directly across from a new ALDI and Ochsner Medical Complex. National retailers such as Walmart, Walgreens, McDonald's, and Chick-fil-A are nearby, along with numerous local businesses. The property offers excellent accessibility to major highways, conveniently situated between New Orleans and Baton Rouge. The asking price is $1,625,000 ($50.40/SF). The flexible layout allows for reconfiguration to suit various business needs, making it an ideal owner-user or investment opportunity.

    Property Features for 1905 Airline Hwy

    General Information

    Property type
    Lifestyle centers
    Square Feet
    32,241 SF
    Class
    B
    Lot Size
    63,162 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • ±32,241 SF mixed‑use building, vacant at closing.
    • High‑traffic location: ±239' of frontage on W Airline Hwy (approx. 37,049 VPD), across from new ALDI and Ochsner Medical Complex.
    • Versatile floorplan: ±3,064 SF office, ±11,858 SF event space (with commercial kitchen), ±9,677 SF funeral home, ±6,300 SF warehouse.
    • 1.45‑acre lot (APN: 0400033700), C‑3 zoning, 47 parking spaces, 15' ceilings, three roll‑up doors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    La Belle Place ... Banquet Hall Baloney Funeral Home Funeral Home

    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
    LaPlace
    County
    St. John the Baptist Parish
    State
    Louisiana
    Longitude
    -90.504175160905
    Latitude
    30.07413726142

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    FAQs

    What type of property is this?
    Lifestyle center - High-visibility retail, ±32,241 SF, prime location.
    Where is this lifestyle center located?
    The property is located at 1905 Airline Hwy LaPlace, LA.
    What is the asking price?
    The asking price for this property is $1,625,000.
    What are key features of this property?
    This property features: ±32,241 SF mixed-use building, vacant at closing.; High-traffic location: ±239' of frontage on W Airline Hwy (approx. 37,049 VPD), across from new ALDI and Ochsner Medical Complex.; Versatile floorplan: ±3,064 SF office, ±11,858 SF event space (with commercial kitchen), ±9,677 SF funeral home, ±6,300 SF warehouse.
    Request Owner's contact information
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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
    1905 Airline Hwy LaPlace, LA 70068
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