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Property profile & analytics
OFF-MARKET
Commercial land

12401 Levy Dr New Orleans, LA 70128

4.81 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US36-1655682
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.81 ac (209,401 SF)
APN 39W016559
UPID US36-1655682
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
GIROD REO LLC
GIROD REO LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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