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628 Papworth Ave 7,000 SF Vacant Office Building Metairie, LA 70005 $1,300,000 ($185.71/SF) 7% Cap Rate
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,000 SF
Building Class
C
Year Built
1950
Price
$1,300,000
Price Per SF
$185.71
Cap Rate
7%
NOI
$91,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,500 SF
Slab To Slab
8’
Building FAR
1.34
Lot Size
0.12 AC
Zoning
C1 - Includes 628 and 638 Papworth
3 Buildings total
Parking
18 Spaces (2.57 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cyril Quatroy Roofing & Sheet
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cyril Quatroy Roofing & Sheet | Construction | - | - | - |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0820037725 | Improvements Assessment | $28,590 |
| Land Assessment | $7,290 | Total Assessment | $35,880 |
Property Taxes
Parcel Number
0820037725
Land Assessment
$7,290
Improvements Assessment
$28,590
Total Assessment
$35,880
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628 Papworth Ave
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