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    Ring Rd Kenner, LA 70065

    Sponsored
    For Sale
    Contact for pricing

    Prime Kenner, LA retail redevelopment

    Property size:
    37,813 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 37,813-square-foot development parcel presents a unique redevelopment opportunity. Situated on the southwest corner of Esplanade Mall's Ring Road, within the Dillard's parking lot, this property offers unparalleled visibility and accessibility. Zoned for a variety of retail-commercial uses, including auto shops, restaurants, and storefronts, it's governed by Esplanade Mall's existing Construction, Operation, and Reciprocal Easement Agreement. The location boasts high traffic counts, with 55,026 cars per day on Williams Boulevard and 25,700 cars per day on West Esplanade Avenue. Benefit from a strong demographic profile, including a median household income of $62,786 within a 3-mile radius and a daytime population exceeding 31,000. Convenient access to I-10 via Williams Boulevard and West Esplanade Avenue, and proximity to the Louis Armstrong New Orleans International Airport (approximately 3 miles away) further enhance its appeal. Ample surface parking and Jefferson Transit bus route 201 service add to the property's convenience. Esplanade Mall, a 1 million-square-foot shopping center opened in 1985, provides a strong established retail presence. This site is ideal for businesses seeking high visibility and convenient access in a thriving commercial area.

    Property Features for 0 Ring Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    37,813 SF

    HighLights

    • Excellent access to major roadways, including I‑10.
    • High traffic counts: 55,026 vehicles per day on Williams Blvd and 25,700 vehicles per day on W. Esplanade Ave.
    • Suitable for diverse retail and commercial uses, subject to Esplanade Mall's existing agreements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Kenner
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.2512514
    Latitude
    30.0169098

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    FAQs

    What type of property is this?
    Individual retail property - Prime Kenner, LA retail redevelopment
    Where is this individual retail property located?
    The property is located at Ring Rd Kenner, LA.
    What are key features of this property?
    This property features: Excellent access to major roadways, including I-10.; High traffic counts: 55,026 vehicles per day on Williams Blvd and 25,700 vehicles per day on W. Esplanade Ave.; Suitable for diverse retail and commercial uses, subject to Esplanade Mall's existing agreements.
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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
    Ring Rd Kenner, LA 70065
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