13899 River RdLuling, LA 70070

  • Retail space
  • 10,173 SF
For Lease
$16/SF/YR View listing

Property Details for 13899 River Rd

Year built
1994
Lot size
2.37 AC
Property size (Sq ft)
10,173 SF
Property type
Retail space
APN
-1- 502 DBP 00015
APU
1502DBP00015

Description

This exceptional 2,060 square foot end-cap retail space is located within a thriving 9,000 square foot multi-tenant retail center at 13899 River Road in Luling, Louisiana, 70070. Situated just upriver from the Hale Boggs Bridge (I-310), this property boasts a highly visible location on River Road, offering excellent exposure to significant traffic volume. The space will be delivered in white box condition, complete with electrical, plumbing, and HVAC rough-ins, and includes convenient drive-thru lane access. The center is anchored by Crawfish and Chill, a successful family-run seafood restaurant with another location in Marrero, and the soon-to-open German Coast Beer Company, St. Charles Parish's first craft brewery. Abundant parking is available, along with prominent façade signage opportunities. Enjoy stunning views of the Mississippi River levee. The property benefits from its proximity to key community assets, including the St. Charles Parish courthouse, school board office, convention center, arts center, R K Smith Middle School, and the Sheriff's Office. This is a fantastic opportunity to establish a business in a vibrant and rapidly growing area. The single-story building is part of a multi-tenant strip center in St. Charles Parish.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,211,530
    6.5%
    $2,041,412
    7%
    $1,895,597
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,955,534
    Geo Method
    $1,822,460
  • Alternative Use

    Use
    Valuation
    Residential
    $1,722,007
    Hospitality
    $1,577,349
    Educational
    $1,312,336
    Medical
    $1,357,469
    Retail
    $2,041,412

Location Insight

City
Luling
County
Saint Charles
State
Louisiana
Latitude
29.94
Longitude
-90.3828
CBSA code
35380
CBSA name
NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,037
$23,650
$39,380
$63,030
-
$236,500
$262,533
$499,033

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