$3,200,000

Estimated payment $17,973/month

Total Views 1,200
1.12 Acres
$2,857,143 Price per Acre
48,787 Sq Ft Lot

Highlights

  • 1.12 Acre Lot
  • Metairie Academy For Advanced Studies Rated A-
  • Corner Lot

About This Lot

The property is a retail building containing 11,875 square feet in the heart of Metairie that was previously operated as Andrea’s Restaurant. Originally an iconic restaurant, ventilation hoods and grease traps are still in place. The building is located at the northeast corner of 19th Street and Ridgelake Drive near one of the busiest intersections in the region (Causeway Blvd. and Veterans Blvd.), the I-10 Interchange, and directly across from Lakeside Shopping Center. This property has access and frontage on each side of the block with 48 feet along N. Causeway Boulevard with a large pylon sign and excellent visibility. The expansive site offers ample parking on the 1.12 acres of land. This is a prime opportunity to transform this great property. See attached survey. An Offering Memorandum with further details is available upon request.

Listing Agent

Herbert Dubuisson

LATTER & BLUM (LATT15) License #995694311 Listed on: 04/11/2025

LATTER & BLUM (LATT15)

Co-Listing Agent

Chip Gardner

LATTER & BLUM (LATT15) License #912124852

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,138

Lot Details

  • 1.12 Acre Lot
  • Corner Lot
  • Oversized Lot
  • The community has rules related to zoning restrictions
  • Zoning described as BC-2

Location

  • Outside City Limits

Listing and Financial Details

  • Assessor Parcel Number 0820009056

Property Details

Property Type

Land

Est. Annual Taxes

$1,138

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.12
  • Lot Size: Remarks
  • Co List Office Mls Id: LATT15
  • Co List Office Phone: (985) 626-5695
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: 1 to 5 Acres, Corner Lot, Outside City Limits, Oversized Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Commercial
  • Parcel #: 0820009056
  • Zoning Description: BC-2
  • Zoning: BC-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: .
  • Tax Lot: .

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,138 $410,010 $255,600 $154,410
2023 $53,937 $410,010 $255,600 $154,410
2022 $33,405 $260,750 $106,340 $154,410
2021 $31,027 $260,750 $106,340 $154,410
2020 $30,805 $260,750 $106,340 $154,410
2019 $31,054 $255,690 $101,280 $154,410
2018 $28,995 $255,690 $101,280 $154,410
2017 $28,995 $255,690 $101,280 $154,410
2016 $28,433 $255,690 $101,280 $154,410
2015 $26,038 $250,870 $96,460 $154,410
2014 $26,038 $250,870 $96,460 $154,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 For Sale $3,200,000 -- --
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $6,400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,000,000 New Conventional
Closed $1,100,000 No Value Available
Previous Owner $6,400,000 New Conventional
Previous Owner $4,544,000 New Conventional
Previous Owner $1,427,018 Future Advance Clause Open End Mortgage
Previous Owner $1,750,142 Future Advance Clause Open End Mortgage
Source: Public Records

Source: ROAM MLS

MLS Number: 2496351

APN: 0820009056