0 Promenade Blvd Marrero, LA 70072
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.