Catylist ID:
#30831321
| Catylist Listing ID: | 30831321 |
| Property Subtypes: | Office Building |
| Building Size (RSF): | 15,000 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,195,000 |
| Unit Price: | $79.67 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/27/2023 |
Overview / Comments
|
15,000 SF gross building area +/- 6,500 SF second floor conference room +/- 57,500 SF paved parking 2.8 acre site Two road access from Chef Menteur Highway and Old Gentilly Road The subject property is a 15,000 SF, two story office building located at 7370 Chef Menteur Highway in New Orleans, Louisiana. Built and occupied since 1969 by the International Union of Operating Engineers the subject property is a well maintained facility that offers a future owner/user a lot of flexibility. Situated on approximately 2.8 acres the subject property offers 36,000 SF of paved parking surface with an additional 1.54 acres of vacant land for expansion. The subject property is located at 7370 Chef Menteur Highway in Orleans parish. It is located on the south side of Chef Mentuer Highway and the north side of Old Gentilly Road. The property consists of Lot A-1 and A-2 in Gentilly Lands, Third Municipal District. Less than one mile from the I-10/Hwy.90 interchange, the subject property offers excellent access to major corridors and submarkets throughout the New Orleans MSA. |
Additional Details
| Nearest MSA: | New Orleans-Metairie |
| County: | Orleans |
| Submarket/Township: | Northshore / N.O. East |
| Tax ID/APN: | 39W920104 |
| Zoning: | C-1 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | GENTILLY RD L S LOT A-1 CHEF MENTEUR 208X335/345 EXEMPT 2/STORY BRICK & STEEL UNION HALL SQ GENTILLY RD L S LOT A-2 GENTILLY RD 211/208X263/227 ASSESSED 1981 39W920104 VACANT |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,478 | 67,105 | 180,829 |
| Median Age: | 32.62 | 33.98 | 35.57 |
| Households: | 3,081 | 24,751 | 72,550 |
Contact
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