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    OFF-MARKET
    Commercial real estate

    3226-3228 Metairie Rd, Metairie, LA 70001

    2,880 SF Built 1955
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1955
    Total area 2,880 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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