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    & Interstate 510 Lk Frst Dr New Orleans, LA 70129
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    & Interstate 510 Lk Frst Dr, New Orleans, LA 70129

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    • Land
    • 79.76 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -89.9384
    Latitude
    30.0439
    More about this property
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