Property profile

405 Causeway Blvd Metairie, LA 70001

OFF-MARKET
Commercial real estate
2,549 SF 0.12 ac lot Built 1950
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property in Old Metairie presents a rare investment opportunity. Located on Causeway Boulevard and Sierra Court, this 0.12-acre site boasts two separate buildings totaling 2,419 square feet. The first, a 1,341 square foot office building situated at 122 Sierra Court, is currently leased as executive office suites. The second building, a 1,078 square foot, two-story structure located at 405 N Causeway Boulevard, offers additional office space. Both buildings benefit from ample paved parking, exterior lighting, and fencing. The property's C-1 zoning, within the Neighborhood Commercial District and Commercial Parkway Zone (CPZ) designated by the Jefferson Parish Planning Department, allows for a variety of commercial uses. The high daily traffic count on North Causeway Boulevard ensures excellent visibility, while the proximity to the Metairie Road corridor provides access to numerous amenities including restaurants, offices, and boutiques. The property's location is also conveniently close to a new strip mall anchored by TANA, reflecting the ongoing development and growth of the Old Metairie area. This property offers a unique blend of existing income and significant potential for future growth within a thriving commercial district. The total building square footage is 2,419 square feet, situated on a 2,549 square foot lot.

Property profile

Verified
Property type Commercial real estate
Year built 1950
Total area 2,549 SF
Lot 0.12 ac (5,227 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

405 Causeway Blvd 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 405 Causeway Blvd?
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