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Property profile & analytics
OFF-MARKET
Land

4951 Promenade Blvd Estelle, LA 70072

4.14 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial real estate opportunity presents two adjacent outparcels totaling 4.14 acres in Marrero, Louisiana. Located at 4951 Promenade Blvd, zip code 70072, this property offers unparalleled visibility and accessibility. One outparcel encompasses 2.87 acres, while the adjacent parcel measures 1.27 acres. Both are available for purchase individually or as a combined offering. The site benefits from its strategic location near a high-traffic road, ensuring significant exposure for any future development. Strong anchor tenants, including Lowe's, Walmart, and several quick-service restaurants, are situated nearby, creating a vibrant and established commercial environment. This vacant land presents a multitude of development possibilities, making it an attractive investment for businesses seeking a prime location in a thriving area. The property is conveniently located in Jefferson Parish, Louisiana, offering easy access to major transportation routes. The proximity to established businesses and high traffic volume makes this an exceptional opportunity for investors and developers alike. This is a rare chance to acquire a significant parcel of land in a high-demand commercial area.

Property profile
Verified
Property type Land
Lot 4.14 ac (180,338 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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