606 Clay St Kenner, LA 70062
For Sale
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This exceptional 3.44-acre property, located at 606 Clay St, Kenner, LA 70062, presents a unique redevelopment opportunity. The site, formerly Washington Elementary School, is comprised of eight single-story buildings totaling approximately 34,206 square feet. The buildings, situated on a 149,846 square foot lot, include classrooms, a gymnasium, cafeteria, library, and a metal warehouse. One building sustained fire damage and is considered to have no contributory value. The property is conveniently located between Airline Drive and Kenner Avenue, fronting Clay and Webster Streets. The asking price is $1,710,000, translating to $49.99 per square foot. The property's current zoning is RR-1, Single Family Residential District, offering potential for various development scenarios. The Jefferson Parish Assessor's Parcel Number (APN) is 9920025542. This multi-tenant property presents a compelling investment opportunity for developers seeking a substantial footprint in a desirable Kenner location. The property's size and existing infrastructure provide a solid foundation for a range of future uses. Serious inquiries are encouraged.
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Washington Elementary School High School
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Clay Street Head Start High School Daycare Center
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
Similar Nearby for Sale
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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.