Property profile

1201 Reverend Richard Wilson Dr Kenner, LA 70062

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 39,058-square-foot vacant lot presents a remarkable investment opportunity. Ideally situated along the Mississippi River with 200 feet of frontage, this property offers unparalleled access and visibility. Zoned for special industrial use (SI), the land is ready for immediate development. Its dimensions measure approximately 200 feet by 195 feet, providing ample space for a variety of projects. All utilities are conveniently available on-site, streamlining the construction process and minimizing upfront costs. The strategic location near Louis Armstrong New Orleans International Airport (MSY) provides significant logistical advantages, enhancing accessibility for businesses and their supply chains. This prime parcel in Jefferson Parish represents a rare chance to acquire a large, well-located industrial site with significant potential for growth and return on investment. The single-tenant zoning allows for focused development and simplifies the planning process. The expansive size and riverfront location make this property particularly attractive for businesses seeking a high-profile presence and efficient transportation links. This is an exceptional opportunity for developers and investors seeking a high-impact industrial property in a prime location.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1201 Reverend Richard Wilson Dr Kenner, LA 70062
Kenner metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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