Property profile

977 Behrman Hwy Terrytown, LA 70056

OFF-MARKET
Land
2.33 ac lot
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Property summary

AI-generated overview

This exceptional 2.33-acre commercial land parcel, located at 977 Behrman Highway in Terrytown, Louisiana (zip code 70056), presents a unique investment opportunity. Zoned Mixed Use Corridor District (MUCD), this property offers significant potential for a variety of commercial ventures. The site boasts 290 feet of frontage and 350 feet of depth, providing ample space for development. Its strategic location directly across from Athlos Academy of Jefferson Parish and adjacent to the newly-commenced Rising Oaks at Terrytown development (a ±40-acre mixed-use project including 150 new homes) ensures high visibility and accessibility. The property's versatility makes it suitable for multi-tenant retail, office space, a specialty grocery store, or quick-service restaurants. The asking price is $990,000, translating to a land value of $9.75 per square foot. The property is divisible, offering flexibility for developers. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly growing area of Jefferson Parish. The property's prime location and zoning make it an attractive investment for both short-term and long-term growth.

Property profile

Verified
Property type Land
Lot 2.33 ac (101,495 SF)

Cap rate & NOI

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

Location

977 Behrman Hwy Terrytown, LA 70056
Terrytown metro
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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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