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Property profile & analytics
OFF-MARKET
Land

0 Judge Perez Dr Meraux, LA 70075

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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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