7100 Downman Rd New Orleans, LA 70126
- Drive through restaurants
- 1,320 SF
- 0.44 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 7100 Downman Rd
- Year built
- 1970
- Lot size
- 0.44 lot acres
- Property size
- 1,320 SF
- Property type
- Drive through restaurants
- APN
- 39W071717
- APU
- 39W071717
Description
This exceptional commercial property, located at 7100 Downman Rd in New Orleans, Louisiana, presents a lucrative investment opportunity. The 1,320 square foot building, constructed in 1970, sits on a single story and is zoned C-1, offering versatility for a variety of retail or restaurant uses. Previously occupied by a Papa John's Pizza restaurant, this location benefits from high visibility and significant daily traffic, estimated at approximately 17,000 cars. The asking price is $240,000, translating to $181.82 per square foot. The property's convenient location in Orleans Parish, zip code 70126, makes it easily accessible to a large customer base. This is an ideal opportunity for entrepreneurs seeking a well-situated space with established infrastructure in a thriving New Orleans neighborhood. The building's single-story design and ample square footage provide flexibility for customization and adaptation to various business needs. The C-1 zoning ensures a wide range of permitted uses, maximizing the potential for return on investment. Don't miss this chance to acquire a prime commercial property in a high-traffic area of New Orleans.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Longitude
- -90.024
- Latitude
- 30.0235
- CBSA code
- 35380
- CBSA name
- NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
