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Property profile & analytics
OFF-MARKET
Commercial land

11900 Dwyer Rd New Orleans, LA 70128

13.08 ac lot
Individually Owned Free & Clear
Property ID
US36-1324635
Property summary
AI-generated overview

This exceptional 35.83-acre commercial land parcel presents a unique development opportunity in East New Orleans, Louisiana. Located at 11900-11950 Dwyer Road, this property boasts 1,780 linear feet of frontage along Dwyer Road, offering significant visibility and accessibility. The land is comprised of two parcels: Lots G-2-A-1A (13.09 acres) and G-2-A1-B (22.75 acres), situated in Section 31, Lakratt Tract, Imperium Estates, Third Municipal District. Its strategic location provides convenient access to Chef Menteur Highway and Bullard Avenue. The sale also includes a connecting parcel at 4891 Bullard Road. The property is zoned S-RS and is being sold "as is, where is." Importantly, a preliminary subdivision plan, McKendall Park Subdivision, proposing 107 lots, received preliminary approval from the City Planning Commission in March 2023, subject to conditions, though final City Council approval was not obtained. This provides a strong foundation for future development plans, subject to necessary approvals and permits. The asking price is $925,000, translating to approximately $25,816 per acre. The APN numbers are 39W018610 and 39W018602. This prime location and substantial acreage make this an attractive investment for developers seeking a significant project in a growing area.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 13.08 ac (569,765 SF)
APN 39W018602
UPID US36-1324635
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
ALAN R MC KENDALL
ALAN R MC KENDALL
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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