7100 Downman Rd, New Orleans, LA 70126
For Sale
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This exceptional commercial property, located at 7100 Downman Rd in New Orleans, Louisiana, presents a lucrative investment opportunity. The 1,320 square foot building, constructed in 1970, sits on a single story and is zoned C-1, offering versatility for a variety of retail or restaurant uses. Previously occupied by a Papa John's Pizza restaurant, this location benefits from high visibility and significant daily traffic, estimated at approximately 17,000 cars. The asking price is $240,000, translating to $181.82 per square foot. The property's convenient location in Orleans Parish, zip code 70126, makes it easily accessible to a large customer base. This is an ideal opportunity for entrepreneurs seeking a well-situated space with established infrastructure in a thriving New Orleans neighborhood. The building's single-story design and ample square footage provide flexibility for customization and adaptation to various business needs. The C-1 zoning ensures a wide range of permitted uses, maximizing the potential for return on investment. Don't miss this chance to acquire a prime commercial property in a high-traffic area of New Orleans.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.