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Property profile

4509 Veterans Blvd Metairie, LA 70006

OFF-MARKET
Retail properties & Spaces
25,984 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents a vacant, 25,984 square foot executive office building situated at 4509 Veterans Boulevard in Metairie, Louisiana. Priced at $3,200,000 ($123.25 per square foot), this property boasts a prime location near the intersection of Clearview Parkway and Veterans Boulevard, offering excellent visibility and accessibility. The property benefits from its proximity to the I-10 interchange and the Clearview City Center redevelopment project. The building sits on a 25,984 square foot lot, with a land value of $161.64 per square foot. This unique offering includes two parcels, providing three points of ingress/egress on Veterans Boulevard, North Woodlawn Avenue, and Yale Street. Both sites are zoned BC-2 (Business Core District), allowing for a variety of commercial uses. The property features approximately 100 feet of frontage along Veterans Boulevard. All measurements are approximate and should be verified by the purchaser. Zoning, overlays, and intended use should also be independently verified. This is a rare chance to acquire a high-profile commercial property in a rapidly developing area of Metairie.

Property profile

Verified
Property type Retail properties & Spaces
Total area 25,984 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
  • Real Estate Agency
  • Real Estate Agency
  • Loan Service Bank

Location

4509 Veterans Blvd Metairie, LA 70006
Metairie metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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