815 N Airline Ave, Gramercy, LA 70052
For Sale
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This 8,115-square-foot warehouse in Gramercy, LA, is offered at $250,000. Situated on a 0.55-acre lot, it boasts eight grade-level roll-up doors, perfect for efficient loading and unloading. The ample lot size allows for potential expansion, such as a lay-down yard or paved parking area. This property benefits from a prime location in a bustling retail corridor, near major national tenants including Winn Dixie, McDonald's, and AutoZone, ensuring high visibility and convenient access for customers and employees. Its strategic location provides excellent connectivity, with approximately 13 minutes to Highway 61 and approximately 8 minutes to I-10, offering easy access to Baton Rouge and New Orleans (approximately a 30-40 minute drive to each). While some renovations are needed before occupancy, this warehouse presents a significant opportunity for businesses seeking a well-located industrial space in a thriving commercial area. The property's address is 815 N Airline Ave, Gramercy, LA 70052. The price per square foot is $30.81.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.