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100 Cicero St 2 Unit Apartment Building $1,239,566 CAD ($619,783 CAD/Unit) Jefferson, LA 70121
Investment Highlights
- Mixed-use configuration featuring warehouse and multifamily spaces.
- Located near Ochsner Medical Center and major employment centers.
- Redevelopment and leasing potential for owner-users or investors.
- Billboard signage highly visible to Jefferson Highway traffic exceeding 37,000 VPD.
- Easy access to Jefferson Highway, Uptown, Downtown, and Metairie.
Executive Summary
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.
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.
Property Facts
| Price | $1,239,566 CAD | Building Class | C |
| Price Per Unit | $619,783 CAD | Lot Size | 0.03 AC |
| Sale Type | Investment | Building Size | 7,603 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Parking Ratio | 0.79/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | C2 | ||
| Price | $1,239,566 CAD |
| Price Per Unit | $619,783 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 7,603 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 0.79/1,000 SF |
| Zoning | C2 |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0700002823 | Improvements Assessment | $39,979 CAD |
| Land Assessment | $9,494 CAD | Total Assessment | $49,474 CAD |
Property Taxes
Parcel Number
0700002823
Land Assessment
$9,494 CAD
Improvements Assessment
$39,979 CAD
Total Assessment
$49,474 CAD
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100 Cicero St
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