100 Cicero St - Apartments FOR SALE


Jefferson, LA 70121
$910,000 USD
504-681-3400
100 Cicero St, Jefferson, LA for Sale
$910,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

100 Cicero St
Jefferson, LA 70121


HIGHLIGHTS

  • Mixed-use configuration featuring warehouse and multifamily spaces.
  • Billboard signage highly visible to Jefferson Highway traffic exceeding 37,000 VPD.
  • Located near Ochsner Medical Center and major employment centers.
  • Easy access to Jefferson Highway, Uptown, Downtown, and Metairie.
  • Redevelopment and leasing potential for owner-users or investors.

OVERVIEW

This Jefferson mixed-use property presents a unique investment opportunity along the high-traffic Jefferson Highway corridor. Offering 6,956 square feet of flexible building space on a 0.21-acre lot, the asset includes a blend of warehouse, multifamily, and billboard income potential. The property features 3,238 square feet of warehouse space and approximately 3,719 square feet dedicated to multifamily units, with two units currently leased generating $1,750 per month. An on-site billboard provides additional value with visibility to more than 37,000 vehicles per day. Ideally located just minutes from Uptown, Downtown New Orleans, Metairie, and the Louis Armstrong New Orleans International Airport, this property benefits from strong connectivity and proximity to the Ochsner Medical Center—one of the region’s largest employment hubs. With convenient access to major thoroughfares, investors or owner-users have the opportunity to capitalize on a prime location within a stable market. Positioned near the heart of economic activity, this property is well-suited for those seeking immediate income with future upside through leasing and asset improvements.

FOR SALE DETAILS

PRICE

$910,000 USD

PRICE/SF

$120 USD /SF

# OF UNITS

2

PRICE/UNIT

$455,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,507 SF

ZONING

C2

APN/PARCEL ID

0700002823

ASK ABOUT THIS PROPERTY

Hayden IngramProperty OneMore Info
504-681-3400

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Hayden IngramProperty OneMore Info
504-681-3400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.