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    2515 Franklin Ave New Orleans, LA 70117
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    2515 Franklin Ave, New Orleans, LA 70117

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    • Specialty properties
    • 63,916 SF
    • 1.98 lot acres
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Dvd Player / Television Studio / Media Distribution
    • Franklin Avenue Baptist Food Distribution Center / Food Bank / Charitable Organization

    Property Details for 2515 Franklin Ave

    Year built
    1995
    Lot size
    1.98 lot acres
    Property type
    Specialty properties

    Description

    This exceptional special-purpose property, located at 2515 Franklin Ave, New Orleans, LA 70117, offers 63,916 square feet of space across two buildings on a 1.98-acre lot. The main sanctuary building, constructed in 1995, boasts a seating capacity of 1698 and is complemented by a 2003-built Family Life Center featuring a gym, workout rooms, offices, and classrooms. The property includes approximately 400 parking spaces, a combination of owned and leased spaces, conveniently located near I-610. Both buildings are fully sprinklered and equipped with a 250KW Kohler diesel generator. The property is zoned HU-RD2 (Historic Urban Two Family Residential District) and is situated on Lots F-1, 6 & 7, Square 1386, Third Municipal District, with additional parking located on Lots 4, 5, & 6, Square 1385. This versatile property is ideal for a variety of uses, including a community center, church, school, trade school, training facility, or recreation center. The asking price is $5,000,000, with a price per square foot of $78.23. The property's APN is 41072504.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

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    Location Insight

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    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0483
    Latitude
    29.984
    More about this property
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