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Property profile & analytics
OFF-MARKET
Office Spaces

649 Papworth Ave Metairie, LA 70005

6,000 SF
Property ID
Property summary
AI-generated overview

This exceptional two-story, 6,000 square foot office building in Jefferson Parish's Airport-Metairie-Kenner submarket presents a unique opportunity. Currently fully vacant, the space is ideal for a variety of uses, including executive suites, coworking spaces, or creative offices. The building features flexible layouts, accommodating spaces ranging from 1,200 to 6,000 contiguous square feet. The owner is undertaking cosmetic renovations, and build-to-suit options are available, with occupancy anticipated within 90-180 days depending on lease terms and improvements. The building boasts a brick and aluminum exterior with an arched roof and ample surface parking surrounding the perimeter. A fenced rear yard offers additional parking or storage potential, further enhanced by planned grading and limestone additions. The property is zoned C-1 and features a walk-up second floor. This versatile space is perfect for businesses seeking a prime location with customizable options and convenient parking. The APN is 125987. Contact us to schedule a viewing and discuss the refurbishment details.

Property profile
Verified
Property type Office Spaces
Total area 6,000 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
Current use
Occupant on record · Public records
  • Expert Insurance Services Insurance Agency
  • Lifetime Construction LLC Construction Company
  • A-1 Cajun Cleaning Services LLC General Contractor
  • Firestop International LLC Construction Company General Contractor
  • All Star Insulation General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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