New Orleans LA Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
18,483
Status:
Active
Beds:
n/a
Year built:
2022
Baths:
MLS#:
2473233
Subdivision:
Aurora Gardens

ADDITIONAL INFORMATION

Calling for great investors! A 10 Units building located on a major West Bank business corridor, a short distance from the bridge to downtown New Orleans. The building is currently is 90% leased. Offices size range from several hundred square feet to several thousand square feet. The two-level brick building has a gross leasable square footage of 10,319 and sits on a lot of 19,022 square feet on a main, busy General De Gaulle Drive in the West Bank. Each tenant has a separate individual meter and pays their own electricity bills.

Type:
General Commercial
Sq.Ft.:
25,960
Status:
Active
Beds:
n/a
Lot size:
1.94 Acres
Year built:
1972
Baths:
MLS#:
2363876

ADDITIONAL INFORMATION

Sitting on 1.9 acres of land, this Commercial Building is on the main street with excellent street visibility in a high traffic area. New stucco, roof, and epoxy floors in 2012. Property has 37 units of commercial space with ~94% occupancy rate currently. Average monthly rent is $32K. The interior lights are now LED. Plenty of parking in the rear of property. A dynamic space with endless potential for multiple types of businesses. Great investment opportunity!

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Andrea Conner, License BROK.995692987-ACT, Xome Inc., License BROK.0995686178-CORP, AndreaD.Conner @xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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New Orleans Real Estate

The median home value in New Orleans, LA is $256,000. This is lower than the county median home value of $270,400. The national median home value is $338,100. The average price of homes sold in New Orleans, LA is $256,000. Approximately 38.9% of New Orleans homes are owned, compared to 42.07% rented, while 19.03% are vacant. New Orleans real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Orleans real estate agent to arrange a tour today!

New Orleans, Louisiana 70131 has a population of 383,974. New Orleans 70131 is less family-centric than the surrounding county with 18.56% of the households containing married families with children. The county average for households married with children is 19.77%.

The median household income in New Orleans, Louisiana 70131 is $45,594. The median household income for the surrounding county is $45,594 compared to the national median of $69,021. The median age of people living in New Orleans 70131 is 37.7 years.

New Orleans Weather

The average high temperature in July is 91.8 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 63.5 inches per year, with 0 inches of snow per year.

New Orleans Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    302
    30-day change

New Orleans Schools and Demographics

Education near New Orleans, LA

Metric City County
High School Graduates 88.18 88.18
College Degree - 2 year 5.05 5.05
College Degree - 4 year 39.1 39.1
Graduate Degree 10.43 10.43
Expenditures per Student 20,431 20,431
Students per Teacher 17.7 17.7

Elementary Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
Alice Harte Elementary Charter School PK - 08 746 16.6 70131
Dwight D. Eisenhower Elementary School PK - 08 795 21.1 70131
Harriet Tubman Charter School KG - 08 543 15.1 70114
International School of Louisiana KG - 08 908 12.6 70130
KIPP McDonogh 15 School for the Creative Arts KG - 08 918 14.8 70116
KIPP New Orleans Leadership Academy KG - 08 834 12.8 70117
Martin Behrman Elementary School PK - 08 713 17.2 70114
McDonogh #32 Elementary School PK - 08 670 20.9 70114
Renew Scitech Academy At Laurel PK - 08 742 12.4 70130
William J. Fischer Elementary School PK - 08 647 18.2 70114

Middle Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
McDonogh #35 Academy 07 - 08 186 14.3 70116

High Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
Algiers Technology Academy 09 - 12 299 23.6 70131
Edna KARR High School 09 - 12 1,080 17 70131
International High School of New Orleans 09 - 12 546 14.6 70130
Joseph S. Clark Preparatory High School 09 - 12 427 14.5 70116
Lord Beaconsfield Landry-Oliver Perry Walker High 09 - 12 1,316 29.4 70114
McDonogh #35 College Preparatory School 09 - 12 853 18 70116
New Orleans Military/Maritime Academy 09 - 12 540 12 70114

Ungraded Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
* New Orleans Center for Creative Arts 09 - 12 242 4.4 70117
Dr. Martin Luther King Charter School for Sci/Tech PK - 12 798 19.5 70117

Demographics near New Orleans, LA 70131

Metric Zip Code City
Neighborhood Type Suburban
Population 383,974 383,974
Population Density 2,266 2,266
Median Age 37.7 37.7
People per Household 2.4 2.4
Median Household Income 45,594 45,594
Average Income per Capita 34,036 34,036