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Property profile & analytics
OFF-MARKET
Schools

5029 Louisa Dr New Orleans, LA 70126

59,775 SF 2.54 ac lot
Property ID
US36-0489415
Property summary
AI-generated overview

This exceptional mixed-use property in New Orleans, Louisiana, presents a unique investment opportunity. Located at 5029 Louisa Dr, 70126, in Orleans Parish, this 2.54-acre site (APN 39W928951) encompasses four substantial buildings totaling 59,775 square feet. The property is zoned S-RS (Suburban Single-Family Residential District) and currently includes a church, a parish administration wing, a gym/parish hall, and a school building. One school building is currently leased, with the lease expiring in the spring. The property boasts a large parking lot and a sizable courtyard, perfect for community gatherings or recreational activities. Its convenient location offers easy access to US 90 and the UNO lakefront area, presenting significant potential for redevelopment or continued use as a multi-purpose facility. The two-story buildings offer ample space for various uses, making this a highly adaptable property suitable for a range of future projects. This is a rare opportunity to acquire a substantial property with significant potential in a desirable location.

Property profile
Verified
Property type Schools
Total area 59,775 SF
Lot 2.54 ac (110,642 SF)
APN 39W928951
UPID US36-0489415
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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