Property summary
This exceptional 11,000 square foot lot presents a unique investment opportunity in the highly desirable Metairie, Louisiana market. Located at the prominent corner of River Road and Causeway Boulevard, this property boasts a prime location with exceptional visibility and accessibility. The land is zoned for both residential and commercial use, offering unparalleled flexibility for a variety of development projects. With an asking price of $460,000, the price per square foot comes to $41.82, reflecting a strong value proposition in this competitive market. The property's APN is 23430. The address is 101 N Causeway Blvd, Metairie, LA 70001, situated in Jefferson Parish. Its convenient location offers easy access to major thoroughfares, ensuring high traffic volume and excellent exposure for any commercial venture. Furthermore, a ground lease option is available at a rate of $3 per square foot, providing an attractive alternative for potential investors seeking a lower initial capital outlay. This versatile property is ideal for developers seeking to capitalize on the robust Metairie real estate market, offering a blank canvas for a diverse range of projects, from residential developments to commercial enterprises. The substantial lot size and strategic location make this an exceptional opportunity not to be missed.
Property profile
VerifiedCap rate & NOI
Current use
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Metal Fabrication Plant Factory
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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