Remarks
Opportunity Knocks -- Positioned for Growth in New Orleans East Location isn't just important -- it's everything. This rare, large-scale income-producing asset sits in the heart of a rapidly developing corridor in New Orleans East, surrounded by new construction and ongoing redevelopment that continues to elevate the area's long-term trajectory. This is more than stabilized income -- it's a strategic value-add play with measurable upside. Investment Highlights: Strong in-place income with rents currently below market, creating immediate revenue lift potential Clear value-add pathway through strategic rent adjustments and operational efficiencies Three to five additional plots with road frontage included, offering expansion, redevelopment, or future build-out opportunities Positioned in a growth corridor with visible reinvestment momentum Potential to exceed $1M+ in annual gross income with targeted updates and repositioning Designed for experienced investors who recognize scalable opportunity and understand performance metrics This asset offers both stability and scalability -- cash flow today with tangible pathways for appreciation tomorrow. Additional Information: Appraisal available with verified purchase structure Motivated seller -- all serious offers considered Showings by appointment only (24-48 hours advanced notice required) Do not disturb tenants Proof of funds required prior to showing Strategic positioning today can translate into outsized returns tomorrow
Details
- Listing ID:
- NO2536092
- Parish
- Orleans
- Assessment
- 701285931,5941,5951,5961B
- Parking:
- Parking Lot
Interior
- Lot Dimensions
- 756x400
Exterior
- Construction
- Frame
Location
- Directions
- Bounding Streets: Lake Forest Blvd, Levy Road
- Parish
- Orleans
- Sub Type:
- Commercial
- Zoning:
- Comm