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Property profile & analytics
OFF-MARKET Estimated value $3,200,000
Retail space

5790 Crowder Blvd New Orleans, LA 70127-2409

31,756 SF 3.65 ac lot Built 1900
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US36-0612948
Property summary
AI-generated overview

This exceptional retail opportunity presents 2,000 square feet of vacant, vanilla shell space (Suite E) in the highly sought-after Crowder Retail Center, located at 5790 Crowder Blvd, New Orleans, LA 70127. The center boasts a total of 31,852 square feet across a single building situated on a 31,852 square foot lot. This C-3 zoned property (APN 41221978) is part of the Northshore submarket and enjoys a prominent location adjacent to I-10, ensuring high visibility and exceptional pedestrian traffic. The center is anchored by Planet Fitness and includes numerous national tenants, establishing a strong and successful retail environment. In addition to the 2,000 square foot space, a smaller 1,100 square foot space (Suite C-1), previously occupied by a tax advisor, is also available. This smaller space would be ideal for a similar professional service business. Both spaces offer excellent potential for a variety of retail uses. The property's location in the thriving New Orleans East area makes it an ideal investment for businesses seeking high foot traffic and strong visibility. Don't miss this chance to secure a space in one of the most popular retail destinations in the area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction CONCRETE BLOCKS
Total area 31,756 SF
Lot 3.65 ac (159,185 SF)
APN 39W016154
UPID US36-0612948
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
Current use
Occupant on record · Public records
  • Planet Fitness Gym & Fitness Center
  • Reggie Grace - State Farm Insurance Agent Insurance Agency
  • Dat Taxes Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.84M
Blend (final) Blend
$3.20M
Owner & transaction history
5790 Crowder LLC · 1 yrs held
5790 Crowder LLC
since 2024
Last sale
$3.2M
3 recorded transactions
2024
$3.2M
2016
$1.8M
2015
$3.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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