Property profile

3201 Metairie Ave Metairie, LA 70001

OFF-MARKET
Commercial real estate
Property ID
US36-0287454
2,130 SF Built 1960
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Property summary

AI-generated overview

This exceptional 2,130 square foot commercial property, situated at 3201 N West Metairie Avenue in Metairie, Louisiana, presents a unique investment opportunity. Currently operating as a hair salon, this building boasts a prime corner location at the intersection of N Causeway and W. Metairie, ensuring high visibility and accessibility. Completely remodeled in 2020 to suit its current use, the space is adaptable and ideal for a variety of professional businesses, including but not limited to hair salons, nail salons, or general office spaces. The property's General Office zoning allows for a range of potential uses, providing flexibility for future tenants or owners. The building offers excellent visibility due to its prominent corner location within the bustling heart of Metairie. A current lease agreement is in place, extending until March 15th, 2025, providing immediate income potential for investors. The property sits on a lot with no acreage specified. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a desirable Metairie location. The asking price is $2,000. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Year built 1960
Total area 2,130 SF
UPID US36-0287454

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

Location

3201 Metairie Ave Metairie, LA 70001
Metairie 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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