12401 Levy Dr New Orleans, LA 70128
This exceptional 4.6-acre commercial and industrial land parcel, located at 12401 Levy Dr, New Orleans, LA 70128 (APN 41196565), presents a compelling investment opportunity. Zoned C-1, this property offers significant potential for a variety of uses, including storage facilities, multifamily developments, hospitality ventures, office spaces, and last-mile distribution centers. Its strategic location just off Bullard Avenue provides convenient access to the surrounding market and excellent connectivity to I-10, ensuring seamless transportation and logistics. The asking price is $475,000, translating to approximately $103,261 per acre. This represents a strong value proposition in a thriving New Orleans market. The property's size and zoning flexibility make it an attractive prospect for developers and investors seeking a strategic foothold in this dynamic area of Orleans Parish. Detailed site plans and further information are available upon request. Don't miss this chance to acquire a significant piece of commercial real estate in a prime New Orleans location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.