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    OFF-MARKET
    Commercial real estate

    17 Gretna Blvd, Gretna, LA 70053

    5.5 ac lot
    Property ID
    US36-0316214
    Property summary
    AI-generated overview

    This exceptional 5.5-acre commercial land parcel presents a unique redevelopment opportunity in the thriving city of Gretna, Louisiana. Located at 17 Gretna Blvd, this former school site boasts a highly desirable location at the intersection of Gretna and Stumpf Boulevards, offering excellent visibility and accessibility. The property is conveniently situated adjacent to the Garden Park neighborhood and near a Home Depot, ensuring high traffic and convenient access for potential businesses. Currently vacant, the land is zoned R-1 (Single Family Residential District), providing flexibility for various development projects. The lot encompasses 239,507 square feet and features significant frontage: 505.84 feet on the west side of Gretna Boulevard, 397.20 feet in the rear, 774.60 feet on the north side (New England Court), and 461.38 feet on the south side (Smith Way). The asking price is $780,000, translating to $141,818 per acre. This prime location, combined with the substantial lot size and flexible zoning, makes this property an ideal investment for developers seeking a high-impact project in a rapidly growing area. Detailed sale procedures are available upon request. This is a rare chance to acquire a significant parcel of land in a strategic location within Jefferson Parish.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.5 ac (239,580 SF)
    UPID US36-0316214
    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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