Property profile

625 Lapalco Blvd Gretna, LA 70056

OFF-MARKET
Office Spaces
Property ID
US36-2472398
64,761 SF 1.49 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1.49-acre commercial land parcel presents a prime development opportunity in Gretna, Louisiana. Located on the high-traffic Lapalco Boulevard, near the intersection of Lapalco and Wall Boulevards, this L-shaped property boasts approximately 96 feet of frontage on Lapalco Boulevard, a major thoroughfare with an average daily traffic count of 42,000 vehicles. Additional frontage along Belle Meade Boulevard provides convenient dual access points. The property's C-1 (Neighborhood Commercial District) zoning allows for a wide range of commercial uses. However, the seller has imposed a restriction on the sale, limiting it to auto parts brands/stores or developers intending to lease to an auto parts brand/store. The total square footage of the land is approximately 64,761 square feet. The property is currently vacant and listed at $975,000. All measurements are approximate and should be independently verified by the purchaser. Prospective buyers are responsible for verifying zoning, overlays, and intended use. The property's address is 625 Lapalco Blvd, Gretna, LA 70056, and its Assessor's Parcel Number (APN) is f8df8949-a359-4f13-a962-ae785a040e0853447.

Property profile

Verified
Property type Office Spaces
Total area 64,761 SF
Lot 1.49 ac (64,904 SF)
UPID US36-2472398

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
  • Auto Parts Store

Location

625 Lapalco Blvd Gretna, LA 70056
Gretna metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 625 Lapalco Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message