Industrial Development Site for Sale

Vacant Land for Sale
Catylist Listing ID: 30332572
Property Subtypes: Industrial, Office
Gross Land Area: 10,950 SF
Sale Price: $175,000
Unit Price: $15.98 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/12/2019

Overview / Comments

Location: Located at Shrewsbury & Lausat (facing Earhart Blvd.)

Zoning: OW-1, Office-Warehouse District

Site: 10,950+/- SF, fenced, paved and gravel surface. The site is trapezoidal in shape and has good drainage. The hard corner with the residential structure is zoned RM-3, is owner occupied and NOT for sale.
Ingress/Egress: There is access from both Shrewsbury Rd. and Lausat St.

Features: The site is cleared and has good drainage.

Bill Board: The site has a Mo-To-Mo lease to Outfront Media, Inc., rent is $500/Month. Presently the lease is cancelable by either party with 30 days written notice and the structure will be removed in 90 days. Outfront Media would like to renew for a 10 years.

Asking Price: $175,000.00

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Taxing Authority: Jefferson Parish
Zoning: OW-1
Largest Nearby Street: Airline Hwy or Causeway Blvd.
Highway Access: 3 blocks to LA. Hwy 61.
Airports: 2.3 miles to Moisant
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,971 165,195 367,835
Median Age: 43.4 39.4 38.99
Households: 7,923 72,209 156,878


Photograph of Listing Agent

Bert Duvic CCIM SIOR

Max J Derbes Inc New Orleans, LA 70123-3229
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.