5731 Westbank Expy, Marrero, LA 70072

Description

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Rare opportunity to acquire a 13.7965± acre development tract with approximately 320.00 feet of frontage along the Westbank Expressway in Marrero. The property has a long, deep configuration that generally parallels Robinson Avenue, offering excellent visibility along an established West Bank corridor. Per appraisal, the property includes C-2 General Commercial and R-1A Single-Family Residential zoning, providing potential for a variety of commercial and residential development concepts, including office, retail and mixed-use development, subject to applicable approvals. Additional property associated with the offering includes 1108 Robinson Avenue / Lot 77, which may offer potential for secondary or rear access to the main tract, subject to verification and applicable approvals. The property is reported to include areas within FEMA Flood Zones X and AE. Buyer to independently verify zoning, permitted uses, flood designation, utilities, access, drainage, environmental conditions and all development requirements.
Existing OUTFRONT Media billboard is operated under a longstanding rental arrangement. Owner reports current rent is believed to be below prevailing market levels, creating potential income upside subject to verification and negotiation.