UNDER CONTRACT
$105K PRICE DROP
5131 Lapalco Blvd Marrero, LA 70072
Estimated payment $5,931/month
Total Views
7,377
--
Bed
--
Bath
7,661
Sq Ft
$130
Price per Sq Ft
Highlights
- 1.22 Acre Lot
- Corner Lot
- Accessibility Features
- Ray St. Pierre Academy for Advanced Studies Rated A
About This Home
Prime Commercial Property on a Major Westbank Corridor. The property is a 7,661 square foot freestanding restaurant with a commercial kitchen and bar near West Jefferson Medical Center. It is currently leased and operated as La Hacienda de Leon Mexican Cuisine. This property is available for purchase as an income producing property. The property offers dual access points, prominent frontage, a monument sign, and good visibility. The expansive site offers ample parking on the 1.22 acres of land. It is located in a Mixed Use Corridor District, MUCD, in Jefferson Parish.
Property Details
Property Type
- Other
Est. Annual Taxes
- $7,561
Year Built
- Built in 1997
Lot Details
- 1.22 Acre Lot
- Corner Lot
- Oversized Lot
- Zoning described as MUCD
Parking
- Parking Lot
Home Design
- 7,661 Sq Ft Home
Additional Features
- Accessibility Features
- Outside City Limits
- Water Not Available
Listing and Financial Details
- Assessor Parcel Number 0420010089
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,561 | $97,370 | $66,900 | $30,470 |
| 2023 | $12,642 | $92,190 | $63,720 | $28,470 |
| 2022 | $12,337 | $92,190 | $63,720 | $28,470 |
| 2021 | $11,661 | $92,190 | $63,720 | $28,470 |
| 2020 | $11,412 | $92,190 | $63,720 | $28,470 |
| 2019 | $11,587 | $89,160 | $60,690 | $28,470 |
| 2018 | $10,867 | $89,160 | $60,690 | $28,470 |
| 2017 | $10,448 | $89,160 | $60,690 | $28,470 |
| 2016 | $9,940 | $86,460 | $60,690 | $25,770 |
| 2015 | $11,857 | $86,460 | $60,690 | $25,770 |
| 2014 | $11,857 | $86,460 | $60,690 | $25,770 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Price Changed | $995,000 | -9.5% | $130 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $1,100,000 | -- | $144 / Sq Ft |
Source: ROAM MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $950,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $895,000 | Credit Line Revolving | |
| Previous Owner | $44,100,415 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $569,515 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $650,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $400,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Source: ROAM MLS
MLS Number: 2496899
APN: 0420010089
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