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Property profile & analytics
FOR SALE
Breakfast & diners

2940 Elysian Fields Ave New Orleans, LA 70122

1,565 SF
Property ID
US36-Q010412
Property summary
AI-generated overview

- This former Waffle House property offers a rare opportunity to occupy or redevelop a highly visible site along a major commercial corridor in Gentilly. Strategically positioned on Elysian Fields Avenue between I-610 and I-10, the site benefits from exceptional vehicular traffic and accessibility. - The building is currently vacant and delivered in grey-shell condition, offering a flexible layout for a wide range of retail or restaurant uses. Existing infrastructure includes a walk-in freezer and cooler, and the site is improved with 28 off-street parking spaces. - Surrounded by a strong mix of national retailers, fast food concepts, and service-oriented businesses, the property is ideally situated to capitalize on the area’s growing consumer demand. This stretch of Elysian Fields is one of Gentilly’s most active commercial corridors, providing excellent visibility and consistent traffic counts.

Property profile
Verified
Property type Breakfast & diners
Total area 1,565 SF
UPID US36-Q010412
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
Current use
Occupant on record · Public records
  • Digital Marketing 1on1 | SEO New Orleans Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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