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    3 Barrington Dr New Orleans, LA 70128

    Sponsored
    For Sale
    $225,000

    Prime C-2 Zoned Lot, 70,000+ SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 70,231.43 square foot development site, located at 3 Barrington Drive West in New Orleans, Louisiana, presents a compelling investment opportunity. Zoned C-2, this property offers significant flexibility for a variety of commercial uses. The expansive lot, measuring approximately 183.65 feet by 382.42 feet, is conveniently situated off Bullard Avenue and Interstate 10, providing excellent access and visibility. The asking price is $225,000. This represents a reasonably priced entry point into the vibrant New Orleans commercial real estate market. The property's location in Orleans County, zip code 70128, places it within easy reach of a substantial consumer base and established infrastructure. Detailed information, including a marketing brochure, is available. This is an ideal opportunity for developers seeking a well-located, sizable parcel to build upon. The property is classified as residential land, but its C-2 zoning opens doors to a wide range of commercial ventures. Don't miss this chance to acquire a strategically positioned lot in a thriving Louisiana city. Serious inquiries are encouraged.

    Property Features for 3 Barrington Dr

    General Information

    Property type
    Land

    HighLights

    • $225,000 asking price.
    • 70,231.43 square foot lot.
    • Residential development site.
    • C‑2 zoning.
    • Located at 3 Barrington Drive West, New Orleans, LA 70128.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -89.9607096
    Latitude
    30.0500188

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    FAQs

    What type of property is this?
    Land - Prime C-2 Zoned Lot, 70,000+ SF
    Where is this land located?
    The property is located at 3 Barrington Dr New Orleans, LA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 asking price.; 70,231.43 square foot lot.; Residential development site.
    Request Owner's contact information
    3 Barrington Dr 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
    3 Barrington Dr New Orleans, LA 70128
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