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    OFF-MARKET
    Land

    1201 Reverend Richard Wilson Dr, Kenner, LA 70062

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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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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