5904 Deer Park Blvd New Orleans, LA 70127
This exceptional opportunity presents itself in the form of several vacant residential lots located at 5904 W Deer Park Blvd, New Orleans, Louisiana, 70127. The property is zoned S-RD, making it ideal for the development of townhomes, condominiums, or multi-family housing. The asking price for this particular lot is $170,000. This is a fantastic chance for builders or investors to acquire a single lot or a package deal encompassing additional adjacent lots at 5908, 5912, 5920, 5924, and 5928 W Deer Park Blvd. The individual lots offer the potential for constructing new homes or townhouses, while the larger package presents a significant opportunity for a multi-unit residential development. The property is conveniently located in Orleans Parish, New Orleans, providing easy access to local amenities and infrastructure. Serious inquiries are encouraged to explore this promising investment prospect and the potential for creating a thriving residential community. The latitude and longitude coordinates are 30.0362369277079 and -89.97066663916097 respectively. This is a for sale by owner listing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.