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    OFF-MARKET
    Commercial real estate

    2420 Hickory Ave, Metairie, LA 70003

    5,300 SF Built 1989
    Property ID
    US36-2371847
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Progressive Roofing Roofing Company General Contractor
    • Western Waterproofing Company Construction Company General Contractor
    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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