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    OFF-MARKET
    Commercial real estate

    700 Clearview Pkwy, Metairie, LA 70001

    Property ID
    US36-0278821
    Property summary
    AI-generated overview

    This exceptional 48,860 square foot development site is located at 700 Clearview Pkwy, Metairie, LA 70001, in Jefferson Parish. Boasting 342 feet of frontage on heavily trafficked Clearview Parkway, this property offers tremendous visibility and accessibility. Directly across from Rouses Supermarket, this site presents a unique opportunity for developers. Currently zoned C-1, the land was originally six residential parcels, combined and rezoned in 2013 as Neighborhood Commercial. Prior approvals exist for a 15,310 square foot retail center, and a four-story mixed-use development incorporating 22-25 multi-family units above parking and 5,000 square feet of retail space. Existing residential structures are on short-term leases and require demolition by the purchaser. A left-turn lane into the property may be achievable

    Property profile
    Verified
    Property type Commercial real estate
    UPID US36-0278821
    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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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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