2807 09 Meraux, LA 70075
- Investment properties
- 10,912 SF
Current Use by Public Records
- Investment properties
Property Details for 2807 09
- Property size
- 10,912 SF
- Property type
- Investment properties
Description
This exceptional commercial property at 2807 Judge Perez Drive, Unit 2807 09, Meraux, LA, presents a lucrative investment opportunity. Boasting a substantial 10,912 square feet, this building offers a compelling blend of warehouse and office space, ideal for a variety of businesses. Approximately 6,216 square feet are dedicated to warehouse operations, providing ample room for storage and distribution. The office component comprises approximately 4,696 square feet, featuring 17 individual offices, three bathrooms, three storage rooms, and a large conference room, perfect for administrative functions and meetings. A small storefront build-out with offices is situated on the right side of the building, adding to its versatility. The property's strategic location offers excellent logistics, with convenient access to I-510 via Paris Road. Adding to its immediate income potential, two of the three units are currently leased, generating a combined monthly rental income of $3,250, secured by a one-year lease. This property is priced at $775,000 and represents a significant opportunity for investors seeking a high-return commercial investment in a prime location. The property sits on a 0-acre lot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meraux
- County
- St. Bernard
- State
- Louisiana
- Longitude
- -89.9329
- Latitude
- 29.9379
