Technical
Financial
Distress signals
Property profile

438 Iris Ave Jefferson, LA 70121

OFF-MARKET
Commercial real estate
3,906 SF 0.17 ac lot Built 1977
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 438 Iris Avenue in Jefferson, Louisiana, presents a fantastic investment opportunity. The building boasts a total of 3,906 square feet situated on a 0.17-acre lot (5,175 square feet), offering excellent visibility with 45 feet of frontage along Iris Avenue and a depth of 115 feet. The structure itself is a robust steel frame/cinder block construction. The property includes 330 square feet of finished, air-conditioned office space, complete with a bathroom and break room, providing comfortable and functional workspace. The remaining space is a warehouse area featuring a concrete floor, ideal for various industrial uses. Access is facilitated by a 10' x 10' overhead grade-level door. The warehouse also offers a half-bathroom and impressive 14-16 foot ceiling height. Previously utilized as a metal shop, this versatile building is perfectly suited for a contractor or similar business. Its M-1 Industrial zoning ensures a wide range of permitted uses. Importantly, the property is located in Flood Zone X500. This prime location offers easy access to major traffic arteries, making it an attractive proposition for businesses seeking convenient transportation links. The combination of office and warehouse space, along with its strategic location and zoning, makes this property a highly desirable asset.

Property profile

Verified
Property type Commercial real estate
Year built 1977
Total area 3,906 SF
Lot 0.17 ac (7,405 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility
  • Metal Fabrication Plant Factory

Location

438 Iris Ave Jefferson, LA 70121
Jefferson metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 438 Iris Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message