Property profile

1716 Hancock St Gretna, LA 70053

OFF-MARKET
Commercial real estate
Property ID
US36-0441798
650 SF 0.09 ac lot Built 1951
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Property summary

AI-generated overview

This exceptional commercial property, located at 1716 Hancock Street in Gretna, Louisiana, presents a fantastic opportunity for a variety of businesses. The building offers approximately 650 square feet of usable space, making it ideal for a small office, medical practice, or similar enterprise. Its prime location in a highly desirable area of Gretna ensures high visibility and accessibility for clients and employees. The property includes convenient parking options, with two to three designated spaces available on the premises, supplemented by ample street parking. The lot size is approximately 0.09 acres. This is a turn-key opportunity to establish or relocate your business in a thriving community. The property is priced competitively at $975,000. This represents a significant value for a well-situated commercial space in a sought-after location. The building's size and layout offer flexibility for customization to meet specific business needs. Don't miss this chance to secure a valuable asset in a dynamic and growing market. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate occupancy.

Property profile

Verified
Property type Commercial real estate
Year built 1951
Total area 650 SF
Lot 0.09 ac (3,920 SF)
UPID US36-0441798

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
  • Hair Salon Nail Salon

Location

1716 Hancock St Gretna, LA 70053
Gretna 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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