Property profile

612 Clearview Pkwy Metairie, LA 70001

OFF-MARKET
Flex space
Property ID
US36-0096942
1,762 SF
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Property summary

AI-generated overview

This exceptional 1,762 square foot, two-story office building in Metairie, Louisiana, presents a unique investment opportunity. Located at 612 Clearview Pkwy, 70001, this Class B property sits on a 5,760 square foot lot and offers a versatile layout ideal for a variety of businesses. The space includes a welcoming reception area, a convenient kitchenette, a private office for focused work, and multiple conference rooms for collaborative meetings. Two bathrooms ensure ample facilities for staff and clients. Adding to its functionality, approximately 385 square feet of warehouse space is accessible via a ground-level loading door, perfect for storage or light manufacturing needs. The property boasts five parking spaces for added convenience. Zoned GO-2 (General Offices District), this building offers significant potential. Currently available for lease as a single-tenant space, it also presents a compelling purchase opportunity at $400,000. Net, Net, Net (NNN) charges are $1,004.55 per month. This property's combination of office and flex space, along with its prime Metairie location, makes it an attractive option for businesses seeking a functional and well-situated space. Don't miss this chance to secure a valuable asset in a thriving market.

Property profile

Verified
Property type Flex space
Total area 1,762 SF
UPID US36-0096942

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
  • Commercial Cleaning Service
  • Construction Company General Contractor
  • Commercial Cleaning Service

Location

612 Clearview Pkwy Metairie, LA 70001
Metairie metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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