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Property profile & analytics
OFF-MARKET
Commercial real estate

3 Barrington Dr New Orleans, LA 70128

Property ID
US36-1433048
Property summary
AI-generated overview

This exceptional 70,231.43 square foot development site, located at 3 Barrington Drive West in New Orleans, Louisiana, presents a compelling investment opportunity. Zoned C-2, this property offers significant flexibility for a variety of commercial uses. The expansive lot, measuring approximately 183.65 feet by 382.42 feet, is conveniently situated off Bullard Avenue and Interstate 10, providing excellent access and visibility. The asking price is $225,000. This represents a reasonably priced entry point into the vibrant New Orleans commercial real estate market. The property's location in Orleans County, zip code 70128, places it within easy reach of a substantial consumer base and established infrastructure. Detailed information, including a marketing brochure, is available. This is an ideal opportunity for developers seeking a well-located, sizable parcel to build upon. The property is classified as residential land, but its C-2 zoning opens doors to a wide range of commercial ventures. Don't miss this chance to acquire a strategically positioned lot in a thriving Louisiana city. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
UPID US36-1433048
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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