Property profile

1820 L And A Rd Metairie, LA 70001

FOR SALE
Warehouses
Property ID
US36-0331799
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Property summary

AI-generated overview

This exceptional Class A property at 1820 L and A Rd, Metairie, LA 70001, offers a unique blend of office and warehouse space, totaling approximately 16,000 square feet. The flexible layout allows for multiple suite configurations to suit various business needs. The office area features a reception/lobby, several private offices, a conference room, breakroom, and restrooms. The warehouse boasts approximately 11,000 square feet of space, including a gym and sauna, and is equipped with two 12x14 and one 8x8 grade-level roll-up doors, and 3-phase power. Built with tilt-wall construction, the building benefits from a new roof (2021). Additional features include a dedicated, gated rear parking lot and multiple access points. Conveniently located approximately 0.4 miles from Hwy 61 (Airline Dr), a high-traffic retail corridor with numerous amenities, this turnkey property presents a rare opportunity. The property is suitable for manufacturing, flex, warehouse, distribution, and traditional office uses. The total leasable area ranges from 5,726 to 16,000 square feet. This single-tenant space is ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
UPID US36-0331799

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
  • Hunting Area
  • Hardware & Home Improvement

Location

1820 L And A Rd Metairie, LA 70001
Metairie metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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