Property profile

405 Gretna Blvd Gretna, LA 70053

OFF-MARKET
Office Spaces
Property ID
US36-0765449
28,103 SF Built 1973
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 28,103 square foot, Class B executive office building located at 405 Gretna Blvd, Gretna, Louisiana, 70053. The property, built in 1973 and boasting a newly replaced roof (2022), is situated on a single two-story building. The asking price is $2,300,000, translating to $81.84 per square foot. This property is zoned C-1, making it ideally suited for office use. Its location in the desirable Gretna area offers convenient access for tenants and presents a strong potential for return on investment. The building's history demonstrates moderate performance, with significant potential for value-added improvements. This presents a compelling opportunity for investors seeking a well-located, recently updated office building in a high-demand market. The property's size and zoning provide flexibility for future expansion or adaptation to evolving market needs. This is a rare opportunity to acquire a well-maintained, established office building in a thriving Louisiana community.

Property profile

Verified
Property type Office Spaces
Year built 1973
Total area 28,103 SF
UPID US36-0765449

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
  • Social Service Agency Charitable Organization
  • Insurance Agency
  • Association Or Organization
  • Psychotherapist Doctor
  • Physician

Location

405 Gretna Blvd Gretna, LA 70053
Gretna metro
Google Maps

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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