3627 Airline Drive

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3627 Airline Drive

Metairie, LA 70001
Asking Price
$1.82M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for purchase at 3627 Airline Drive.
  • The property is situated within the Metairie market in Louisiana.
  • Asking price for this development site is set at 1825000 dollars.
  • Strategic location supports diverse commercial and retail development applications.
  • Site benefits from the active economic landscape of Jefferson Parish.

What's Special

This commercial land offering at 3627 Airline Drive in Metairie, Louisiana, is available for sale to investors or developers seeking a strategic site in the New Orleans metropolitan area. Situated within the 70001 zip code, the property benefits from the established commercial activity along the Airline Drive corridor. Metairie serves as a major suburban hub for the region, characterized by robust residential density and high levels of daily commuter traffic flowing toward the central business district. The site provides a flexible canvas for potential commercial development, accommodating a variety of business uses that capitalize on high visibility and accessible infrastructure. Its position in the heart of Jefferson Parish places it near key logistics routes and major regional employers, making it a viable candidate for ventures ranging from retail to professional services. Interested parties can assess the site’s topography and local zoning regulations to determine the optimal configuration for a long-term capital investment in this active market.

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NOI
$80,000
Cap Rate
4.38%
DSCR
0.74
Underwater
Cash-on-Cash
-5.18%
Monthly Payment
$9,029.104
Annual Cash Flow
$-28,349.251

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