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Property profile & analytics
OFF-MARKET
Commercial real estate

B Expy & Louisiana Now Drake Ave Westwego, LA 70094

40,075 SF 0.92 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a rare opportunity to acquire almost an acre of vacant land strategically positioned on the West Bank Expressway and Louisiana (now Drake) Avenue in Westwego, Louisiana. Boasting approximately 40,075 square feet and 200 feet of frontage on the heavily trafficked West Bank Expressway, this site offers unparalleled visibility and accessibility. Its location is highly desirable, situated just steps from the Alario Center, a major event venue, and directly at the entrance to Bayou Segnette State Park, ensuring high foot and vehicle traffic. The property is zoned for commercial use, providing flexibility for a wide range of development possibilities. A recent 2023 survey is available, simplifying the development process. The land is currently wooded, offering a unique canvas for future construction. This prime location, combined with its size and accessibility, makes this an exceptional investment opportunity for businesses seeking high visibility and convenient access to major roadways and attractions. The property's proximity to both the Alario Center and Bayou Segnette State Park guarantees a steady stream of potential customers and employees. Don't miss this chance to secure a prominent location in a thriving Westwego commercial area.

Property profile
Verified
Property type Commercial real estate
Year built 2023
Total area 40,075 SF
Lot 0.92 ac (40,075 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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