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    OFF-MARKET
    Commercial real estate

    605 Wilker Neal Ave, River Ridge, LA 70123

    2,250 SF
    Property ID
    US36-0443004
    Property summary
    AI-generated overview

    This River Ridge, Louisiana duplex at 605 Wilker Neal Ave offers a compelling investment opportunity. Priced at $185,000, this multifamily property boasts a total of 2,250 square feet and comprises two units, each featuring three bedrooms and one bathroom. One unit is currently occupied, while the other is vacant, presenting a significant value-add opportunity for a new owner. The vacant unit allows for immediate rent increase potential or the possibility of owner occupancy. The property's convenient location between Jefferson Highway and Airline Highway provides easy access to both major thoroughfares, approximately two minutes to each. Detailed financial information, including rent roll, income, and expense data, is available upon request. This property presents a strong potential for income generation and appreciation. The property is located in Jefferson Parish, Louisiana, zip code 70123.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,250 SF
    UPID US36-0443004
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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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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