1961 Barataria Blvd Marrero, LA 70072
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.