Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    & Interstate 510 Lk Frst Dr New Orleans, LA 70129

    • Land
    • 79.76 lot acres
    For Sale
    View listing
    $1,050,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for & Interstate 510 Lk Frst Dr

    Lot size
    79.76 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 79.76-acre industrial land parcel presents a compelling investment opportunity in New Orleans East. Strategically located at the intersection of Interstate 10 and Interstate 510, this property boasts high visibility and convenient access, making it ideal for a variety of development projects, including industrial, commercial, or mixed-use ventures. The site is situated adjacent to the former Six Flags New Orleans (Jazzland) location, currently undergoing a significant redevelopment into a large-scale entertainment complex encompassing a water park, resort, extensive athletic fields, and numerous dining and retail options. This presents a unique chance to participate in the revitalization of this area and capitalize on the anticipated growth in the entertainment and tourism sectors. The property consists of five parcels, all zoned as General Planned Development District (GPD), and includes an unencumbered billboard on one parcel. The future land use designation is Planned Development Area. The asking price for this substantial land holding is $1,050,000. The property's APN is 39W019503. This offering represents a rare chance to acquire a large, strategically located tract of land poised for significant future appreciation. The property's address is Lake Forest Dr & Interstate 510, New Orleans, LA 70129.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -89.9384
    Latitude
    30.0439

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      58207 Industrial Pkwy

      Land • 10.00 Acres
      58207 Industrial Pkwy, New Orleans, LA 70129
      View Details
    • Value Estimation by Request
      9.28 Acres

      58244 Dwyer Rd

      Farms • 9.28 Acres
      58244 Dwyer Rd, New Orleans, LA 70129
      View Details
    • Value Estimation by Request
      24.34 Acres

      96866 Paris Rd

      Land • 24.34 Acres
      96866 Paris Rd, New Orleans, LA 70129
      View Details
    • Value Estimation by Request
      3.50 Acres

      119 Chef Menteur Hwy

      Land • 3.50 Acres
      119 Chef Menteur Hwy, New Orleans, LA 70129
      View Details
    • Value Estimation by Request
      9,000 SF

      12301 Old Gentilly Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 9,000 SF
      12301 Old Gentilly Rd, New Orleans, LA 70129-8219
      View Details
    • Value Estimation by Request
      4,000 SF

      4150 Poche W Ct

      MINI-WAREHOUSE, STORAGE • 4,000 SF
      4150 Poche W Ct, New Orleans, LA 70129
      View Details

    Similar Nearby for Sale

    • $1,050,000
      79.76 Acres

      New Orleans Industrial Land - 80 Acres

      Prime development land near Six Flags.
      & Interstate 510 Lk Frst Dr, New Orleans, LA 70129
      View Details
    • $202,118
      9.28 Acres

      Prime Orleans Parish Farmland

      9.28 Acres, $202,118 - New Orleans
      58244 Dwyer Rd, New Orleans, LA 70129
      View Details
    • $70,000
      0.03 Acres

      Sportsman's Paradise on Bayou Land

      Land with bayou frontage, ideal for fishing and hunting.
      3435 Ridgeway Lot 3 Blvd, New Orleans, LA 70129
      View Details
    • $37,500
      3.50 Acres

      Chef Menteur Hwy Commercial Land

      3.5-acre commercial lot, prime location.
      119 Chef Menteur Hwy, New Orleans, LA 70129
      View Details
    • $120,000
      0.30 Acres

      Sportsman's Paradise on Bayou Land

      Large land parcel with bayou frontage, ideal for recreation.
      3435 Ridgeway Lot 2 Blvd, New Orleans, LA 70129
      View Details
    • $38,000
      0.20 Acres

      Sportsman's Paradise on Bayou

      Land with frontage on I-10, great fishing, crabbing, and hunting.
      3435 Upper Half Blvd, New Orleans, LA 70129
      View Details

    Similar Nearby for Lease

    • $1,600,000
      20,000 SF

      New Orleans Warehouse/Distribution Property

      18,500 SF warehouse with office space for lease.
      4120 W Poche Ct, New Orleans, LA 70129
      View Details
    • Contact for pricing
      800,000 SF

      Industrial Warehouse Space in New Orleans

      800000 sqft warehouse space available for rent.
      Michoud Facility Rd, New Orleans, LA 70129
      View Details
    • $10 SF/Yr
      800,000 SF

      Industrial Land Near Interstate 510

      Development opportunity with waterway and rail access near Michoud Assembly.
      13800 Old Gentilly Rd, New Orleans, LA 70129
      View Details
    • $2,000 /Mo

      Fenced Yard with Pond Access

      1.3-acre yard with optional 20-acre stocked pond for lease.
      16018 Chef Menteur Hwy, New Orleans, LA 70129
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    & Interstate 510 Lk Frst Dr
    New Orleans, LA 70129
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.