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Property profile & analytics
FOR SALE
Industrial properties

815 N Airline Ave Gramercy, LA 70052

0.54 ac lot Built 1800
Individually Owned Free & Clear
Property ID
US36-2274207
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1800
Lot 0.54 ac (23,600 SF)
APN 100066000
UPID US36-2274207
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
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
MARK ANDERSON
MARK ANDERSON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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