Property profile

2420 Hickory Ave Metairie, LA 70003

OFF-MARKET
Commercial real estate
Property ID
US36-2371847
5,300 SF Built 1989
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, situated at 2420 Hickory Avenue in Metairie, Louisiana, presents a compelling investment opportunity. The property encompasses a total of 5,300 square feet, strategically divided into two key areas: a substantial 3,600 square foot warehouse and a well-appointed 2,420 square foot office space. The warehouse boasts three large bay doors, providing convenient and efficient access for loading and unloading. Adding significant value to this offering is a sizable 5,340 square foot fenced-in yard, ideal for storage, equipment parking, or various operational needs. This prime location in the heart of Metairie offers excellent visibility and accessibility, making it suitable for a wide range of commercial ventures. The property's layout and features provide ample space for both operational activities and administrative functions, creating a versatile and efficient workspace. The combination of warehouse space, office space, and substantial yard area makes this property a highly attractive option for businesses seeking a well-equipped and strategically located facility in the thriving Metairie market. The asking price is $5,800. This is a rare opportunity to acquire a versatile and well-located commercial property in a highly desirable area.

Property profile

Verified
Property type Commercial real estate
Year built 1989
Total area 5,300 SF
UPID US36-2371847

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
  • Roofing Company General Contractor
  • Construction Company General Contractor

Location

2420 Hickory Ave Metairie, LA 70003
Metairie metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2420 Hickory Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message