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    10046 I-10 Service Rd New Orleans, LA 70128

    Sponsored
    For Sale
    $2,100,000

    19 Acres, I-10 Frontage, C-1/C-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 19.17-acre mixed-use property presents a significant investment opportunity in New Orleans, Louisiana. Strategically located at 10046 I-10 Service Road, zip code 70128, this site boasts unparalleled visibility and accessibility. The property is divided into two distinct sections, offering flexibility for diverse development plans. A 2.08-acre parcel fronts the I-10 Service Road and is zoned C-3, allowing for a wide range of commercial uses. The remaining 17.08 acres front Lake Forest Boulevard and are zoned C-1, providing additional development potential. The property's location in Orleans Parish offers convenient access to major transportation arteries, including Interstate 10, ensuring high traffic volume and excellent exposure for any commercial venture. With its substantial size and strategic zoning, this land parcel is ideally suited for a variety of commercial developments, making it an attractive proposition for investors seeking high-return opportunities in a thriving New Orleans market. The asking price for this prime commercial land is $2,100,000. Detailed information is available in the property brochure.

    Property Features for 10046 I-10 Service Rd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    835,045 SF

    HighLights

    • $2,100,000 asking price.
    • 19.17‑acre mixed‑use land parcel.
    • C‑1 and C‑3 zoning.
    • Located at 10046 I‑10 Service Rd, New Orleans, LA 70128.
    • Fronts I‑10 Service Road and Lake Forest Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -89.9696223
    Latitude
    30.0404266

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    FAQs

    What type of property is this?
    Mixed-use property - 19 Acres, I-10 Frontage, C-1/C-3 Zoning
    Where is this mixed-use property located?
    The property is located at 10046 I-10 Service Rd New Orleans, LA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: $2,100,000 asking price.; 19.17-acre mixed-use land parcel.; C-1 and C-3 zoning.
    Request Owner's contact information
    10046 I-10 Service Rd New Orleans, LA 70128
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    New Orleans, LA 70128
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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
    10046 I-10 Service Rd New Orleans, LA 70128
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