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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1961 Barataria Blvd Marrero, LA 70072

179,803 SF
Property ID
Property summary
AI-generated overview

Oak Ridge Plaza, a prime grocery-anchored retail center, presents a compelling investment opportunity in Marrero, Louisiana. Strategically located at the high-traffic intersection of Barataria Boulevard and Lapalco Boulevard, this property boasts a total of 179,803 square feet across a single, one-story building situated on a generous 12.77-acre lot. The center offers flexible space options, with a minimum divisible unit of 1,172 square feet and a maximum contiguous space of 27,205 square feet. Currently, 45,511 square feet are available for lease. Ample parking is provided with 900 spaces for customer and tenant convenience. The property is zoned C-1 and is situated within the Outer Jefferson Parish submarket of Jefferson Parish. This well-positioned retail center benefits from significant daily traffic flow, making it an ideal location for a variety of retail businesses. The property's size and layout offer considerable potential for expansion or redevelopment, catering to a range of business needs. With its established presence and prime location, Oak Ridge Plaza represents a strong investment opportunity in a thriving retail market. The cross street is Lapalco Blvd.

Property profile
Verified
Property type Retail properties & Spaces
Total area 179,803 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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