Property profile

3226-3228 Metairie Rd Metairie, LA 70001

OFF-MARKET
Commercial real estate
2,880 SF Built 1955
Saved · see the list in your Dashboard

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

Location

3226-3228 Metairie Rd Metairie, LA 70001
Metairie 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 3226-3228 Metairie Rd?
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