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Property profile & analytics
OFF-MARKET
Commercial real estate

612 Papworth Ave Metairie, LA 70005

1,500 SF 0.14 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional 1,500 square foot commercial building is situated on a 0.14-acre lot at 612 Papworth Avenue in the desirable Old Metairie area of Metairie, Louisiana. The property boasts a completely updated interior featuring four generously sized offices, perfect for a variety of business configurations. A fully equipped kitchen adds convenience and functionality. Sleek, modern fixtures are present throughout, creating a professional and inviting atmosphere. The building's prime location offers unparalleled visibility and accessibility, being less than a block from interstate access, ensuring easy commutes for employees and clients. Ample on-site parking eliminates parking hassles, a significant advantage for both staff and visitors. This property presents a rare opportunity to secure a well-maintained, conveniently located commercial space in a thriving business district. The combination of modern updates, ample parking, and excellent location makes this an ideal space for a range of businesses seeking a high-profile presence in Old Metairie. The asking price is $2800. This is a standout opportunity in a highly sought-after area

Property profile
Verified
Property type Commercial real estate
Year built 1985
Total area 1,500 SF
Lot 0.14 ac (6,098 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
Current use
Occupant on record · Public records
  • Cicero's Gardens Horticultural Services Landscaping General Contractor
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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