Property profile

H-330 Leo Kerner Pkwy Marrero, LA 70072

OFF-MARKET
Land
117 ac lot
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Property summary

AI-generated overview

This exceptional 117-acre commercial land parcel presents a unique investment opportunity in Marrero, Louisiana. Strategically located on both sides of Leo Kerner Parkway, this property offers unparalleled access and visibility. The expansive lot size allows for a wide range of development possibilities, enhanced by its flexible Residential/Commercial zoning. Its prime location adjacent to Jean Lafitte Park provides a desirable setting for various commercial ventures, potentially attracting a diverse clientele. The property's address is H-330 & H-331 Leo Kerner Pkwy, Marrero, LA 70072, within Jefferson Parish. Given its size and zoning, this land is suitable for a multitude of projects, from large-scale retail developments to mixed-use complexes incorporating residential and commercial components. The substantial acreage provides ample space for extensive parking, landscaping, and building footprints, catering to ambitious development plans. The asking price for this significant landholding is $600,000. This presents a compelling opportunity for investors seeking a substantial land acquisition in a rapidly growing area with high potential for return. The property's proximity to Jean Lafitte Park adds significant value, offering a unique blend of commercial potential and recreational appeal. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property profile

Verified
Property type Land
Lot 117 ac (5,096,520 SF)

Cap rate & NOI

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

Location

H-330 Leo Kerner Pkwy Marrero, LA 70072
Marrero metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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