3871 Gentilly Blvd New Orleans, LA 70122
- Office buildings
- 9,649 SF
- 0.26 lot acres
Current Use by Public Records
- New Beginnings Beauty College / Beauty School
Property Details for 3871 Gentilly Blvd
- Year built
- 1940
- Lot size
- 0.26 lot acres
- Property size
- 9,649 SF
- Property type
- Office buildings
- APN
- 38W401502
- APU
- 38W401502
Description
This exceptional investment opportunity presents a fully leased, two-story mixed-use building situated at 3871 Gentilly Boulevard in New Orleans, Louisiana. Spanning 14,940 square feet, this property boasts a prime location with high visibility and traffic counts exceeding 20,000 vehicles per day. The building, renovated in 2019, comprises four suites: three on the ground floor and one occupying the entire second floor. Current tenants include New Beginnings Beauty School & Salon and TM Biotech, ensuring a stable income stream. The property operates under a NNN lease structure with multiple tenants. The projected net rental income for 2024 is approximately $180,000. The building is zoned HU-B1, offering flexibility for future use. The property's strategic location on Gentilly Boulevard provides excellent connectivity between residential areas and commercial centers. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use asset in a thriving New Orleans neighborhood. The APN is 41111642. All measurements are approximate and should be verified by the purchaser. Zoning and intended use should also be independently verified. The asking price for this exceptional property is $2,200,000.
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
- -90.0461
- Latitude
- 30.0031
- CBSA code
- 35380
- CBSA name
- NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
