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    Promenade Blvd Marrero, LA 70072

    Sponsored
    For Sale
    Contact for pricing

    Prime commercial land, high visibility, strong anchors.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.27-acre outparcel presents a remarkable investment opportunity in the thriving Marrero, Louisiana market. Located on Promenade Blvd in Jefferson Parish, zip code 70072, this vacant land boasts excellent visibility and high traffic counts due to its proximity to Barataria Boulevard. The property benefits from the strong anchor tenants of Lowe's, Walmart, and numerous quick-service restaurants, ensuring a steady flow of potential customers for any future development. The site offers numerous possibilities for commercial development, capitalizing on its strategic location and high-traffic area. This parcel is part of a larger offering of two outparcels totaling 4.14 acres, with the other parcel measuring 2.87 acres. Both parcels are available for purchase individually or together, providing flexibility for investors seeking various development scales. The property's location in Marrero, Louisiana, offers easy access to major roadways and a robust local economy. This is an ideal opportunity for businesses seeking high visibility and a strong customer base. The coordinates for the property are 29.87663595255026 latitude and -90.09503802189082 longitude.

    Property Features for 0 Promenade Blvd

    General Information

    Property type
    Land
    Lot Size
    55,321 SF

    HighLights

    • High‑traffic location near Barataria Blvd.
    • Strong anchor tenants including Lowe's and Walmart.
    • 1.27‑acre vacant land ideal for commercial development.
    • Excellent visibility and high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marrero
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.095038021891
    Latitude
    29.87663595255

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    FAQs

    What type of property is this?
    Land - Prime commercial land, high visibility, strong anchors.
    Where is this land located?
    The property is located at Promenade Blvd Marrero, LA.
    What are key features of this property?
    This property features: High-traffic location near Barataria Blvd.; Strong anchor tenants including Lowe's and Walmart.; 1.27-acre vacant land ideal for commercial development.
    (504) 581-5005
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    Promenade Blvd Marrero, 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
    Promenade Blvd Marrero, LA 70072
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