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Property profile & analytics
OFF-MARKET
Land

58244 Dwyer Rd New Orleans, LA 70129

9.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.28-acre agricultural land parcel presents a unique investment opportunity in Orleans County, Louisiana. Located at 58244 Dwyer Road, New Orleans, LA 70129 (APN 41212608), this property offers significant potential for various agricultural uses. The land is priced competitively at $202,118, translating to a land value of $0.50 per square foot. Its strategic location is a key advantage, situated adjacent to the recently announced Village of Versailles development. This large-scale project encompasses 21 acres and includes plans for 50 two-story apartment buildings, along with community buildings and a leasing office. This proximity to a significant residential development project suggests strong potential for future appreciation and diverse development possibilities. The property's size and location make it an attractive option for investors seeking land in a rapidly growing area of New Orleans. Detailed site plans and surveys are available upon request. Serious inquiries only. This is a rare opportunity to acquire a substantial tract of land in a prime location with excellent future prospects. The property is zoned for agricultural use, offering flexibility for various farming or related ventures. Don't miss this chance to secure this valuable asset in a thriving part of New Orleans.

Property profile
Verified
Property type Land
Lot 9.28 ac (404,237 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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