119 Chef Menteur Hwy New Orleans, LA 70129
- Land
- 3.50 lot acres
Current Use by Public Records
- Land
Property Details for 119 Chef Menteur Hwy
- Lot size
- 3.50 lot acres
- Property type
- Land
Description
This exceptional 3.5-acre commercial land parcel presents a unique investment opportunity in New Orleans, Louisiana. Located at 119 Chef Menteur Highway, this property boasts an impressive 50,000 square feet of land, offering significant development potential. The lot features approximately 100 feet of frontage along Chef Menteur Highway and a depth of 500 feet, providing excellent visibility and accessibility. The property is zoned S-B2, allowing for a variety of commercial uses, subject to city approvals. The asking price is $37,500, translating to a land value of $0.75 per square foot. The property's location in Orleans Parish, with a zip code of 70129, places it within a thriving commercial corridor. This strategically located parcel offers significant advantages for businesses seeking a high-visibility presence. Furthermore, an adjacent 3.5-acre parcel is available for assembly, should a larger land area be required, presenting an opportunity to expand the development footprint. The Assessor's Parcel Number (APN) is 41118672. This property is ideal for developers and investors seeking a prime location for a variety of commercial ventures. Don't miss this chance to acquire this valuable piece of New Orleans real estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans Parish
- State
- Louisiana
- Longitude
- -89.9033
- Latitude
- 30.04
