2807-09 Judge Perez Dr Meraux, LA 70075
- Commercial real estate
- 10,912 SF
- 0.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2807-09 Judge Perez Dr
- Year built
- 1996
- Lot size
- 0.25 lot acres
- Property size
- 10,912 SF
- Property type
- Commercial real estate
Description
This exceptional 10,912 square foot commercial property in Meraux, LA, presents a lucrative investment opportunity. Situated on a 0.25-acre lot at 2807-09 E Judge Perez Drive, this building boasts a strategic location, offering easy access to I-510 via Paris Road, making it ideal for logistics-based businesses. The property comprises approximately 4,696 square feet of office space and 6,216 square feet of warehouse space, totaling 10,912 square feet. The layout includes 17 individual offices, a small storefront area with adjacent offices, three bathrooms, three storage rooms, and a large conference room. The building's functionality is further enhanced by its existing lease agreements. Two of the three units are currently leased for one year, generating a combined monthly rental income of $3,250. This established rental income stream provides immediate return on investment, while the remaining space offers significant potential for further lease agreements and revenue generation. The property's size, layout, and convenient location make it an attractive proposition for a variety of commercial uses. This is a rare opportunity to acquire a high-performing commercial property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meraux
- County
- St. Bernard
- State
- Louisiana
- Longitude
- -89.9329
- Latitude
- 29.9379
