497 Terry Pkwy Terrytown, LA 70056
This exceptional 15,600-square-foot free-standing retail building, situated on a 1.39-acre lot (60,332 sq ft) in Terrytown, Louisiana, presents a unique investment opportunity. Built in 1997, this single-story structure offers a blank canvas for a new tenant, previously occupied by a Rite Aid. The property features ample parking (78 spaces), prominent glass storefronts, a covered walkway, excellent signage opportunities, a dedicated service and delivery area, and easy customer access. Located at the highly trafficked, signalized intersection of Terry Parkway and Stumpf Boulevard—one of the busiest retail intersections in Jefferson Parish's Westbank submarket—this hard-corner location ensures maximum visibility and accessibility. The space is currently available in its entirety (15,600 sq ft), offering a substantial footprint for a variety of retail or restaurant concepts. The minimum divisible space is 12,000 square feet, with the potential to expand up to an additional 3,600 square feet. This prime location in the thriving Westbank submarket of Jefferson Parish, Louisiana (zip code 70056), offers unparalleled potential for a discerning tenant seeking high visibility and convenient access for their business. The property's shell condition allows for complete customization to suit the needs of a future operator.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.