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Property profile & analytics
OFF-MARKET
Land

Lots 7-12 & 13-15 Veterans Blvd & Salem St Avondale, LA 70062

Property ID
Property summary
AI-generated overview

This exceptional 24-acre land parcel presents a unique investment opportunity in Avondale, Louisiana. Strategically located at the intersection of Veterans Boulevard and Salem Street, this property offers a compelling blend of commercial and residential zoning. Lots 7-12, encompassing a significant portion of the acreage, are designated for commercial use, boasting an impressive 120 feet of frontage along the high-traffic Veterans Boulevard and a depth of 120 feet along Salem Street. This prime commercial space is ideal for a variety of development projects, offering excellent visibility and accessibility. Meanwhile, Lots 13-15 are zoned for both double and single-family residential development, providing 120 feet of frontage on Veterans Boulevard and 80 feet on Salem Street. This residential component adds further versatility to the property, allowing for a mixed-use development or separate residential project. The property's substantial size and strategic location in Jefferson Parish, with a 70062 zip code, make it an attractive proposition for developers seeking to capitalize on the area's growth potential. The single-tenant designation allows for streamlined development and management. This is a rare opportunity to acquire a large tract of land with diverse zoning possibilities in a thriving Louisiana community. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a significant piece of Avondale's future.

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
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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