Property profile

201 Richard St Gretna, LA 70053

OFF-MARKET
Commercial real estate
Property ID
US36-0551714
30,232 SF Built 1962
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Property summary

AI-generated overview

This exceptional 30,232 square foot commercial property, located at 201 RICHARD Street in Gretna, Louisiana, presents a significant opportunity for business or industrial use. The entire property, designated as Square 10, is fully fenced and zoned M2, offering flexibility for a wide range of commercial ventures. A notable feature is a pre-existing Quonset hut, situated on a corner of the property. While previously utilized for office space and storage, it currently lacks electricity and is being sold as-is. It's important to note that any vehicles or equipment present on the site are not included in the sale and will be removed prior to closing. The property is being offered at $280,000, representing a compelling investment in a prime Gretna location. The "as-is" condition indicates that the buyer assumes responsibility for any necessary repairs or renovations. Given its size, zoning, and location, this property is well-suited for a variety of commercial or industrial applications, making it an attractive proposition for discerning investors and entrepreneurs. The fully fenced perimeter enhances security and provides a defined space for operations. The potential for redevelopment or repurposing of the existing Quonset hut adds further value to this already substantial offering. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 1962
Total area 30,232 SF
UPID US36-0551714

Cap rate & NOI

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

Location

201 Richard St Gretna, LA 70053
Gretna metro
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Value estimations

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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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