Improved Vacant Land with Billboard
5121 Canal Blvd New Orleans, LA 70124
For Sale
Contact for pricing
Vacant, fully paved land zoned S-LB2 with an active billboard lease and U-Park revenue-sharing income.
Days on Market103
Property Features for 5121 Canal Blvd
General Information
- Standard status
- Active
- Property subtype
- Land
Listing Agency:
Ben + Burka Commercial Real Estate
(504) 301-1002
Listed By:
Aaron Kazanoff · License #LA 0995700882
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 23 at 5:59PM
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 Ben + Burka Commercial Real Estate
Investment Insights
Based on property information with market context.
The property is a vacant parcel along Canal Blvd in Mid City that is improved with pavement across the entire site. It is offered zoned S-LB2 and is available for sale with existing income in place.
The site has a billboard lease in effect for the next three years, currently paying $800 per month. U-Park is also utilizing the property on a revenue-sharing basis, generating approximately $12,000 per year in income for ownership.
This parcel can be positioned for future development given the paved improvements, or used as a covered land play while the current income arrangements remain in place.
The site has a billboard lease in effect for the next three years, currently paying $800 per month. U-Park is also utilizing the property on a revenue-sharing basis, generating approximately $12,000 per year in income for ownership.
This parcel can be positioned for future development given the paved improvements, or used as a covered land play while the current income arrangements remain in place.
Key Highlights
- Vacant land on Canal Blvd in Mid City, New Orleans, zoned S‑LB2
- Entire parcel is improved with pavement
- Billboard lease in place for the next 3 years, currently paying $800/month
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Vacant, fully paved land zoned S-LB2 with an active billboard lease and U-Park revenue-sharing income.
Where is this commercial land located?
The property is located at 5121 Canal Blvd New Orleans, LA.
What are key features of this property?
This property features: Vacant land on Canal Blvd in Mid City, New Orleans, zoned S‑LB2; Entire parcel is improved with pavement; Billboard lease in place for the next 3 years, currently paying $800/month
