Property summary
This exceptional 2,800-square-foot retail or restaurant space, situated on a 27,672-square-foot lot at 512 City Park Ave, New Orleans, LA 70119, presents a unique investment opportunity. Previously a Burger King with a drive-thru (conditional use permit), the single-story building offers immense flexibility for various uses, including a quick-serve restaurant, coffee shop, or bank branch. Located in the Park Avenue Place retail center, the property boasts 36 parking spaces and enjoys a high-traffic location directly across from Delgado Community College, a short distance from City Park, and approximately one mile from I-10 access. Its strategic position ensures high visibility and accessibility from major thoroughfares. The property shares the retail center with established businesses like MoPho restaurant and military reserve offices, creating a vibrant and active environment attracting residents, tourists, and students. This is a ready-to-occupy space with significant potential for growth and profitability in a desirable New Orleans submarket (Greater New Orleans). The property features one building with no elevators. Cross street is Orleans Ave.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.