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    58244 Dwyer Rd New Orleans, LA 70129

    For Sale
    $202,118

    9.28 Acres, $202,118 - New Orleans

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 9.28-acre agricultural land parcel presents a unique investment opportunity in Orleans County, Louisiana. Located at 58244 Dwyer Road, New Orleans, LA 70129 (APN 41212608), this property offers significant potential for various agricultural uses. The land is priced competitively at $202,118, translating to a land value of $0.50 per square foot. Its strategic location is a key advantage, situated adjacent to the recently announced Village of Versailles development. This large-scale project encompasses 21 acres and includes plans for 50 two-story apartment buildings, along with community buildings and a leasing office. This proximity to a significant residential development project suggests strong potential for future appreciation and diverse development possibilities. The property's size and location make it an attractive option for investors seeking land in a rapidly growing area of New Orleans. Detailed site plans and surveys are available upon request. Serious inquiries only. This is a rare opportunity to acquire a substantial tract of land in a prime location with excellent future prospects. The property is zoned for agricultural use, offering flexibility for various farming or related ventures. Don't miss this chance to secure this valuable asset in a thriving part of New Orleans.

    Property Features for 58244 Dwyer Rd

    General Information

    Property type
    Farms
    Lot Size
    404,237 SF

    HighLights

    • 9.28‑acre agricultural land parcel in Orleans County, LA.
    • Located at 58244 Dwyer Road, New Orleans, LA 70129 (APN 41212608).
    • Priced at $202,118 ($0.50/sq ft).
    • Adjacent to the 21‑acre Village of Versailles development (50 apartment buildings planned).
    • Zoned for agricultural use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -89.8317729
    Latitude
    30.0895241

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    FAQs

    What type of property is this?
    Farm - 9.28 Acres, $202,118 - New Orleans
    Where is this farm located?
    The property is located at 58244 Dwyer Rd New Orleans, LA.
    What is the asking price?
    The asking price for this property is $202,118.
    What are key features of this property?
    This property features: 9.28-acre agricultural land parcel in Orleans County, LA.; Located at 58244 Dwyer Road, New Orleans, LA 70129 (APN 41212608).; Priced at $202,118 ($0.50/sq ft).
    Request Owner's contact information
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    New Orleans, LA 70129
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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
    58244 Dwyer Rd New Orleans, LA 70129
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