Property profile

2807 Judge Perez Dr Meraux, LA 70075

OFF-MARKET
Warehouses
10,739 SF
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Property summary

AI-generated overview

This exceptional 10,739-square-foot warehouse property, located at 2807-09 E Judge Perez Drive in Meraux, Louisiana, presents a compelling investment opportunity. Priced at $775,000 ($72.17 per square foot), this industrial property boasts a versatile layout ideal for a variety of commercial uses. The building comprises approximately 6,216 square feet of warehouse space and approximately 4,696 square feet of office space, totaling approximately 10,900 square feet. The office area features 17 individual offices, a sizable conference room, three bathrooms, and three storage rooms. A small storefront build-out with offices is situated on the right side of the building. Two of the three units are currently leased, generating a combined monthly rental income of $3,250. The property's strategic location offers excellent logistics, with convenient access to I-510 via Paris Road. This warehouse is situated in St. Bernard Parish, Louisiana, zip code 70075. The property's combination of ample warehouse space, extensive office accommodations, and strong rental income potential makes it an attractive investment for discerning buyers. This is a rare opportunity to acquire a well-maintained, income-producing commercial warehouse in a desirable location.

Property profile

Verified
Property type Warehouses
Total area 10,739 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2807 Judge Perez Dr Meraux, LA 70075
Meraux metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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