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    6650 Franklin Ave New Orleans, LA 70122

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    For Lease
    $1.00 SF/Yr ($5,000 /Mo)

    Outparcels for ground lease or build to suit.

    Property size:
    60,000 SF
    Lot size:
    1.88 Acres

    Property Features for 6650 Franklin Ave

    General Information

    Size
    60,000 SF
    Lot size
    1.88 Acres

    Source: Southeast Commercial Real Estate Agent Matt Eaton CCIM

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

    Overview

    Prime Commercial Land Available

    Outparcels ranging from 10,000 to 60,000 square feet are available for ground lease or build-to-suit opportunities. The property is situated within a shopping center anchored by a grocery store. Current tenants include Rouses Market, CVS, Smoothie King, and Quest Diagnostics.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0542077
    Latitude
    30.0281848

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    FAQs

    What type of property is this?
    Commercial land - Outparcels for ground lease or build to suit.
    Where is this commercial land located?
    The property is located at 6650 Franklin Ave New Orleans, LA.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Located in the only grocery store anchored shopping center in the area.; - Anchored by Rouses Market.; - Join national brands like CVS, Smoothie King, and Quest Diagnostics.
    (504) 339-2136
    Request Owner's contact information
    6650 Franklin Ave New Orleans, LA 70122
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    New Orleans, LA 70122
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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
    6650 Franklin Ave New Orleans, LA 70122
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