You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

3901 General Degaulle Dr New Orleans, LA 70114-8209

OFF-MARKET Turn key restaurants Google Maps
0.47 ac lot
Entity Owned 12-yr Hold Free & Clear
Estimated value (blended)
$255k
Range $230k – $281k (±10%)
Property ID US36-0227063

Property summary

AI-generated overview

This exceptional retail opportunity is located in a newly constructed, three-tenant building situated on the highly visible hard corner of General DeGaulle and Holiday Drive in Algiers, Orleans Parish, Louisiana. The property offers a strategically located middle unit currently available for lease. The building boasts 26 conveniently located parking spaces for customers and tenants. This mixed-use development already houses established businesses such as Pizza Hut and AT&T, providing immediate synergy and high foot traffic. The property's prime location offers excellent visibility and accessibility, with ample opportunity for prominent façade signage. A monument sign is also planned, further enhancing the visibility of your business. The center benefits from its proximity to a variety of major retailers, including Rouses, Winn-Dixie, Starbucks, TJ Maxx, Ross, Chick-fil-A, and a Walmart Supercenter, ensuring a strong customer base and high traffic volume. This is an ideal location for businesses seeking high visibility and a thriving retail environment in a rapidly developing area. Don't miss this chance to establish your business in this vibrant Algiers Point commercial center.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.47 ac (20,446 SF)
APN 513614515
UPID US36-0227063

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Mobile Phone Store Electronics & Wireless Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2013
5 recorded transactions
2022
Price N/A
2019
Price N/A
2019
Price N/A
2013
$390,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3901 General Degaulle Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message