Prime commercial corner lot w/ Hwy. 23 frontage
Vacant Land
for Sale
| Catylist Listing ID: |
30708460 |
| Property Subtypes: |
Agricultural, Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
|
| Gross Land Area: |
3.65 Acres
|
| Sale Price: |
$1,925,000 |
| Unit Price: |
$527,397 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/16/2023 |
Overview / Comments
This rare corner lot is ideally situated in a high visibility location adjacent to the RaceTrac on Belle Chasse Highway (LA Hwy. 23) near the Jefferson Parish / Plaquemines Parish line. With a total of 3.65 acres, it is one of the few remaining vacant land parcels of this size in this area. Zoned MUCD (mixed-use corridor district), this parcel is located in a major commercial corridor only 0.5 mile from Lapalco Blvd. in Gretna, and 0.5 mile from the Engineers Road industrial corridor in Belle Chasse. With 352' of frontage on LA Hwy. 23, it is a prime candidate for commercial development. As an added bonus, the owners have already added a significant amount of fill to the property.
Property is currently being leased by FEMA at a monthly rental rate of $13,895 until June 20, 2023. Contact listing agent for more details.
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Jefferson |
| Tax ID/APN: |
3143446 |
| Zoning: |
MUCD (MIXED-USE CORRIDOR DISTRICT) |
| Property Located Between: |
Timber Ridge Street and Dale Avenue |
| Property Visibility: |
Excellent |
| Legal Description: |
TRACT A-1-C-1 SQ 4 ELM PARK |
| Largest Nearby Street: |
Belle Chasse Highway |
| Traffic/Vehicle Count: |
31,328 |
| Highway Access: |
Property fronts on Belle Chasse Highway |
| Lot Frontage: |
352.30'/441.70' |
| Lot Depth: |
412.90'/400.21 |
| Easements: |
Ingress/Egress |
| Easements Description: |
50' x 150' ingress/egress easement area located at the front right section of the property in favor of Racetrac Petroelum, Inc. |
| Available Utilities: |
Electric, Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,969 |
100,143 |
221,113 |
| Median Age: |
36.68 |
35.17 |
35.99 |
| Households: |
3,412 |
36,913 |
86,335 |
|
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