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    OFF-MARKET
    Commercial real estate

    405 Gretna Blvd, Gretna, LA 70053

    28,103 SF Built 1973
    Property ID
    US36-0765449
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Concerned Citizens For A Social Service Agency Charitable Organization
    • Timeline insurance group Insurance Agency
    • Colorful Dreams Association Or Organization
    • Asevedo & Associates LLC Psychotherapist Doctor
    • Lopez Addison Speech/Language Therapy Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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