3226-3228 Metairie Rd, Metairie, LA 70001
This exceptional investment opportunity presents a fully leased 2,880 square foot retail building situated at 3226-3228 Metairie Road in Metairie, Louisiana. The property boasts a prime location on a section of Metairie Road projected to experience significant increases in both vehicular and pedestrian traffic, promising strong future growth potential. The building's convenient design includes ample parking both in front and at the rear, ensuring easy access for customers and employees. The current lease status guarantees immediate cash flow, making this an attractive proposition for investors seeking a stable and potentially appreciating asset. The property's strong location and existing tenant occupancy combine to create a compelling investment opportunity with significant upside potential. This is a rare chance to acquire a well-positioned, income-producing retail property in a thriving Metairie commercial corridor. The building's size and layout are ideal for a variety of retail uses, offering flexibility for future tenants. The property is offered at $888,888, representing a compelling value given its location, size, and current income stream. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Detailed financial information and lease terms are available upon request. Don't miss this chance to secure a piece of Metairie's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.