Esperanza Business Park Site

Vacant Land for Sale
Catylist Listing ID: 30211656
Property Subtypes: Industrial, Office
Gross Land Area: 4.15 Acres
Sale Price: $950,000
Unit Price: $228,915 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/17/2018

Overview / Comments

This 4.15 acre site offers tremendous visibility from Interstate 310 at the foot of the Hale-Boggs bridge on the westbank of St. Charles Parish. Property is cleared, filled and precision graded so it's ready for immediate development. Excellent soil conditions and a great deal of new construction in the area including a recently-completed PepsiCo facility, the Edward A. Dufresne Community Center, and the Dr. Rodney Lafon Performing Arts Center which is under construction. Development in Esperanza Business Park is protected by restrictive covenants (see attachment) to ensure high quality standards and protection of the property owner's investment. The site is located in a federally designated Opportunity Zone which can provide tax-advantaged incentives (for more information, see: https://www.opportunitylouisiana.com/business-incentives/opportunity-zones).

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Charles
Submarket/Township: St Charles Parish
Tax ID/APN: 155600000003
Zoning: M-1
Property Located Between: Interstate 310 and Judge Edward Dufresne Parkway
Property Visibility: Excellent
Legal Description: Lot 3 in Phase 1, Esperanza Business Park, St. Charles Parish, LA

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,825 22,451 37,279
Median Age: 35.48 36.6 37.26
Households: 662 7,993 13,299

Contact

Photograph of Listing Agent

Charles M Mullin

RE/MAX Commercial Brokers Inc Metairie, LA 70002
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.