3 Barrington Dr New Orleans, LA 70128
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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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.