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    Judge Perez Dr Meraux, LA 70075

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Judge Perez Dr

    Property type
    Land

    Description

    This exceptional 4-acre commercial land parcel presents a remarkable investment opportunity in Meraux, Louisiana. Zoned C-2, this highly visible corner lot boasts 437 feet of frontage on the busy intersection of East Judge Perez Drive and Paul Drive. Its strategic location is surrounded by upscale residential areas and thriving businesses, including nationally recognized restaurants and government offices. The property's proximity to schools, a fire department, and a casino further enhances its appeal. Conveniently situated just 11 miles from New Orleans' Central Business District and the French Quarter, this site offers unparalleled access to a large consumer base. The lot size totals 179,533.61 square feet, priced at $4.71 per square foot, totaling $740,000. An existing revenue-generating billboard adds to the property's immediate income potential. This is an exceptional opportunity for developers and investors seeking a high-traffic, high-visibility location in a rapidly growing area. The C-2 zoning allows for a wide range of commercial uses, making this property suitable for various development projects.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Meraux
    County
    Ascension
    State
    Louisiana
    Longitude
    -89.9254
    Latitude
    29.9369

    Comparable in this City

    • Value Estimation by Request
      179,533 SF

      - Judge Perez Dr

      Commercial real estate • 179,533 SF
      - Judge Perez Dr, Meraux, LA 70075
      View Details
    • Value Estimation by Request
      10,912 SF

      2807-09 Judge Perez Dr

      Commercial real estate • 10,912 SF
      2807-09 Judge Perez Dr, Meraux, LA 70075
      View Details
    • Value Estimation
      $265,000
      0.13 Acres

      1904 Leblanc

      RETAIL STORES (PERSONAL SERVICES) • 0.13 Acres
      1904 Leblanc, Meraux, LA 70075
      View Details
    • Value Estimation
      $340,000
      30.00 Acres

      2501 Archbishop Hannan Blvd

      RECREATIONAL, ENTERTAINMENT • 30.00 Acres
      2501 Archbishop Hannan Blvd, Meraux, LA 70075
      View Details
    • Value Estimation
      $310,000
      0.24 Acres

      2523 Bartolo St

      RETAIL STORES (PERSONAL SERVICES) • 0.24 Acres
      2523 Bartolo St, Meraux, LA 70075
      View Details
    • Value Estimation
      $960,000
      1.00 Acre

      4201 Judge Perez Dr

      RETAIL STORES (PERSONAL SERVICES) • 1.00 Acre
      4201 Judge Perez Dr, Meraux, LA 70075-2639
      View Details

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      Meraux Warehouse: Prime Commercial Space

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    Similar Nearby for Lease

    • $2,000 /Mo
      2,493 SF

      Meraux Warehouse with Office Space

      Commercial warehouse with office space available for lease in Meraux.
      2807 E Judge Perez Dr, Meraux, LA 70075
      View Details
    • $2,000 /Mo
      4,024 SF

      Meraux Warehouse with Office Space

      Commercial warehouse with office space available for lease in Meraux.
      2809 E Judge Perez Dr, Meraux, LA 70075
      View Details
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    Judge Perez Dr
    Meraux, LA 70075
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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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