5121 Canal Blvd

Land

5121 Canal Blvd, New OrleansLA 70124

Property Details

Location

Address
5121 Canal Blvd, New OrleansLA 70124
County
Orleans Parish
Submarket
MidCity/City Park
Parcels
41015149

Building Size

Building Size

Building Details

Type
 Land
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.09 Acres
Land (SF)
3,920 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
S-LB2
Lot Depth
Lot Width

Contacts

Current Listings

Mid-City Vacant Land

3,580 SF$375,000

Vacant land on Canal Blvd in Mid City, New Orleans, zoned S-LB2 available for sale. The property is improved with pavement across the whole parcel. The site has a billboard lease on the property for the next 3 years, currently paying $800/month. Additionally, U-Park is utilizing the property on a revenue-sharing basis, generating approximately $12,000/year in income for ownership. The property is ripe for development or works as a covered land play utilizing the existing income in place until future development is desired, and has immediate access to I-10 and all of New Orleans.

The site is in close proximity to a number of restaurants and retailers, including Morning Call, MoPho, Zea, G’s Pizza, The Bulldog Mid-City, Cask, etc.

Vacant land on Canal Blvd in Mid City, New Orleans, zoned S-LB2 available for sale. The property is improved with pavement across the whole parcel. The site has a billboard lease on the property for the next 3 years, currently paying $800/month. Additionally, U-Park is utilizing the property on a revenue-sharing basis, generating approximately $12,000/year in income for ownership. The property is ripe for development or works as a covered land play utilizing the existing income in place until future development is desired, and has immediate access to I-10 and all of New Orleans.

The site is in close proximity to a number of restaurants and retailers, including Morning Call, MoPho, Zea, G’s Pizza, The Bulldog Mid-City, Cask, etc.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: LACDB

More Information

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