421 Almedia Rd - Commercial LAND FOR SALE


Saint Rose, LA 70087 8,276 SF
$3,900,000 USD
504-681-3400
421 Almedia Rd, Saint Rose, LA for Sale
$3,900,000 USD
Commercial LAND - FOR SALE
1/5
8,276 SF

421 Almedia Rd
Saint Rose, LA 70087


HIGHLIGHTS

  • Fully stabilized NNN investment with an established national tenant for over 12 years.
  • Located less than a mile from I-310 and minutes to I-10, ensuring excellent regional access.
  • Dedicated outdoor lighting and 1,000 SF office on-site.
  • Zoned M-1 (Light Industrial) suitable for outdoor storage, commercial, and industrial uses.

OVERVIEW

This 9.92-acre M-1 zoned industrial outdoor storage property presents a stabilized, income-generating investment within St. Charles Parish. Currently fully leased to Enterprise Rent-A-Car under a long-standing triple net (NNN) arrangement, the site delivers reliable cash flow with the tenant responsible for taxes, insurance, and maintenance. The asset's mission-critical proximity to Louis Armstrong New Orleans International Airport (MSY) supports ongoing demand for vehicle storage and logistics operations in one of the region's most active industrial submarkets. The property combines favorable lease terms with income stability, featuring a tenant in occupancy for more than 12 years and a structure that includes periodic NOI increases. Frontage along US Hwy 61 and convenient access to I-310 and I-10 ensure seamless regional connectivity, positioning this site for continued operational and financial security. With its outdoor lighting, on-site office, and M-1 zoning that accommodates broad industrial uses, this property represents a hands-off, long-term investment opportunity in a high-demand corridor.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/ACRE

$20,527,397/AC

PRICE/SF

$471 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Parking Lot

LAND ACRES

0.19 AC

LAND SF

8,276 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone, Irrigation

ZONING

M-1

APN/PARCEL ID

550103939A-1

ASK ABOUT THIS PROPERTY

Hayden IngramProperty One, Inc.More Info
504-681-3400

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Hayden IngramProperty One, Inc.More Info
504-681-3400

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