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    8258 Lake Forest Blvd New Orleans, LA 70126

    Sponsored
    For Sale
    $450,000

    ±5-Acre Tract, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This ±5.01-acre commercial land parcel, located at 8258 Lake Forest Blvd in New Orleans, Louisiana, presents a significant development opportunity. Zoned C-1 - General Commercial District, this property offers exceptional versatility for a wide range of commercial uses. Its strategic location provides convenient access to I-10, ensuring high visibility and easy accessibility for customers and employees. The surrounding area boasts a diverse mix of commercial, service, and residential properties, creating a vibrant and established community. The property's 5.01-acre size allows for substantial development potential, making it ideal for businesses seeking to establish a significant presence in the New Orleans East market. The asking price is $450,000, and the Orleans Parish Assessor's Parcel Number (APN) is 39W016145. This is a rare opportunity to acquire a sizable commercial tract in a thriving area with excellent infrastructure and accessibility. The property's zoning and location make it suitable for a variety of commercial ventures, capitalizing on the growth and dynamism of New Orleans East. Serious inquiries are encouraged. Further details are available upon request. The zip code is 70126.

    Property Features for 8258 Lake Forest Blvd

    General Information

    Property type
    Land
    Lot Size
    218,236 SF

    HighLights

    • ±5.01‑acre commercial land parcel in New Orleans East.
    • Excellent development opportunity for various commercial uses.
    • Convenient I‑10 access for high visibility and accessibility.
    • C‑1 General Commercial zoning.
    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 Parish
    State
    Louisiana
    Longitude
    -89.993502692541
    Latitude
    30.025988810561

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    FAQs

    What type of property is this?
    Land - ±5-Acre Tract, Prime Location
    Where is this land located?
    The property is located at 8258 Lake Forest Blvd New Orleans, LA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: ±5.01-acre commercial land parcel in New Orleans East.; Excellent development opportunity for various commercial uses.; Convenient I-10 access for high visibility and accessibility.
    Request Owner's contact information
    8258 Lake Forest Blvd New Orleans, LA 70126
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    New Orleans, LA 70126
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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
    8258 Lake Forest Blvd New Orleans, LA 70126
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