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Property profile & analytics
OFF-MARKET
Commercial real estate

6141 Jefferson Hwy New Orleans, LA 70123

6.85 ac lot
Property ID
US36-0521335
Property summary
AI-generated overview

This exceptional 6.85-acre development site in New Orleans, Louisiana, presents a compelling investment opportunity. Located at 6141 Jefferson Hwy, Jefferson Parish, zip code 70123 (APN 3129771), this property boasts M-1 zoning, permitting both industrial and residential development. Its strategic location offers unparalleled access to major thoroughfares, including easy connectivity to the H.P. Long bridge (West Bank access) and I-10 via Clearview Parkway. The site is situated in a vibrant commercial/retail area, proximate to established businesses such as Walmart and the Elmwood Shopping Complex. The property's high visibility is further enhanced by its future hard-corner location at the intersection of Jefferson Highway and Dickory Avenue (upon completion of the road connection). Phases 1 and 2 of a 3-phase development plan are already complete, providing a solid foundation for future construction. The asking price is $5,818,527. This represents a significant price reduction, making this an attractive opportunity for developers seeking a prime location with substantial upside potential in a thriving New Orleans market. The property's size and zoning flexibility offer a wide range of development possibilities, catering to diverse project needs. This is a rare chance to acquire a substantial parcel of land in a high-demand area.

Property profile
Verified
Property type Commercial real estate
Lot 6.85 ac (298,386 SF)
APN 3129771
UPID US36-0521335
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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