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Ground-Leased Bank Site
For Sale
$499,000

3231 GENTILLY Boulevard, New Orleans, LA 70122

Land for sale subject to a long-term ground lease with Chase Bank as the current tenant.

Property SizeContact for details
Days on Market393

Property Features for 3231 GENTILLY Boulevard

General Information

Standard status Active
Property subtype General Commercial

Amenities

3
comm
Parking.
Lot.
Irregular
Irregular.

Building Details

Tenancy Single
Listing Agency:
Listed By: Compass Mandeville
Source: Xome
Added: Aug 9, 2025 Changed: Sep 1 Last Checked: Sep 5 at 4:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Mandeville

Investment Insights

Based on property information with market context.

This offering presents land for sale along with a long-term ground lease structure. The property is currently occupied by Chase Bank, with the lease terms available for review upon request through the listing agent.

The site is located at 3231 Gentilly Boulevard in New Orleans, Louisiana. As the landowner and lessor, the transaction is structured to provide rental payments while the tenant operates and maintains the premises.

For investors seeking a ground-leased format, this package combines ownership of the land with an existing tenant relationship under a long-term lease.

Key Highlights

  • Land for sale subject to a long‑term ground lease with Chase Bank as the current tenant
  • Long‑term ground lease for sale with tenant Chase Bank
  • Zoning: comm

Property Analytics

Current Use

Chase Drive-Up Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Cafe & Coffee Shop Skin Care Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

705
Businesses Nearby
51k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Apparel 11% Electronics 10% Dining 10%
Family Dollar Shops & Services
16,906 visits/mo 0.2 miles
Regions Bank Shops & Services
8,580 visits/mo 0.2 miles
Pizza Hut Dining
4,881 visits/mo 0.3 miles
Rainbow Apparel
3,088 visits/mo 0.2 miles
Whitney Bank Shops & Services
2,483 visits/mo 0.3 miles

Demographics for 70122, LA

34,986
Population
17,131
Households
2
Avg Household Size
39
Median Age
37%
College-Educated
89%
High-School Grad
6.3 sq mi
ZIP Area
5,553
Density / Sq Mi
$47,613
Median Household Income
$38,248
Median Earnings
$1,196
Median Rent
$274,700
Median Home Value

Market

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Bank - Land for sale subject to a long-term ground lease with Chase Bank as the current tenant.
Where is this bank located?
The property is located at 3231 GENTILLY Boulevard New Orleans, LA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Land for sale subject to a long‑term ground lease with Chase Bank as the current tenant; Long‑term ground lease for sale with tenant Chase Bank; Zoning: comm
More about this property
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