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    3101 Esplanade Ave New Orleans, LA 70119

    For Sale
    $1,220,000

    Proposed restaurant with outdoor dining near the New Orleans Fairgrounds.

    Property size:
    2,000 SF

    Property Features for 3101 Esplanade Ave

    General Information

    Size
    2,000 SF

    Building Details

    Year built
    1980

    Source: Timothy Thompson Agent Timothy Thompson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Site Near New Orleans Fairgrounds

    This property, situated steps from the New Orleans Fairgrounds, experiences significant foot traffic. The site at 3101 Esplanade Ave. is designated for a proposed single-story restaurant, featuring a 2,000-square-foot gross building area complemented by a 5,620-square-foot exterior dining area. Architectural drawings, construction plans, and HDLC approval are currently available with the owner. Upon completion of the proposed construction, the property is anticipated to be in overall excellent condition. The site is an irregularly shaped tract with 140.71' of frontage along Esplanade Avenue and 57.42' along Ponce de Leon Street. The site has a total area of 12,509 square feet, or 0.29 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Hale Shell Gas Station US Porta Potty ... Portable Toilet Supplier

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Toulouse Gourmet Catering, The Fat Falafel, The V, Cloud 9 Grill 504 LLC, Faubourg farms

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0837675
    Latitude
    29.9801616

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    FAQs

    What type of property is this?
    Restaurant - Proposed restaurant with outdoor dining near the New Orleans Fairgrounds.
    Where is this restaurant located?
    The property is located at 3101 Esplanade Ave New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,220,000.
    What are key features of this property?
    This property features: - Prime location steps from the New Orleans Fairgrounds with high foot traffic.; - Approved plans for a single-story restaurant with **2,000 sq ft interior and 5,620 sq ft exterior dining.**; - Includes a full set of architectural drawings and construction plans.
    (504) 913-0462
    Request Owner's contact information
    3101 Esplanade Ave New Orleans, LA 70119
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    New Orleans, LA 70119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3101 Esplanade Ave New Orleans, LA 70119
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