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    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    MARK ANDERSON
    MARK ANDERSON
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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