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    3116 Cleary Ave Metairie, LA 70002

    • Industrial properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mobile Auto Tech Inc / Auto Repair Shop

    Property Details for 3116 Cleary Ave

    Property type
    Industrial properties

    Description

    This exceptional opportunity presents a well-established automotive repair shop in Metairie, Louisiana, listed at $580,000. The sale includes the building located at 3116 Cleary Ave, 70002, along with all existing tools and equipment. This turnkey operation boasts a loyal customer base cultivated over 25 years of successful business in a prime location within Jefferson Parish. The property offers significant potential for continued growth and profitability. The sale is an outright ownership transfer. Financing options are available, either directly through the seller or via traditional bank financing. Detailed information and numerous photographs are available upon request. Serious inquiries only

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Metairie
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.1726
    Latitude
    30.002

    Comparable in this City

    • Value Estimation by Request

      2701 Hullen St

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      3900 Causeway Blvd

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      3900 Causeway Blvd, Metairie, LA 70002
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      4,300 SF

      3300 Causeway Blvd

      Retail properties • 4,300 SF
      3300 Causeway Blvd, Metairie, LA 70002
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      5,000 SF

      3401 Hullen St

      Restaurants • 5,000 SF
      3401 Hullen St, Metairie, LA 70002
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    • Value Estimation by Request
      4,750 SF

      3408 28Th St

      Commercial real estate • 4,750 SF
      3408 28Th St, Metairie, LA 70002
      View Details

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      Renovated Metairie Commercial/Office Building

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    3116 Cleary Ave
    Metairie, LA 70002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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