5931-61 Bullard Ave, New Orleans, LA 70128
- $6,900,000
- List Price
- $6,900,000
- Price Change
- ▼ $200,000 1783907345
- MLS#
- 2536092
- Status
- ACTIVE
- Type
- Commercial
- Stories
- 1
- Parish
- Orleans
Property Description
Opportunity Knocks — Positioned for Growth in New Orleans East Location isn’t just important — it’s everything. This rare, large-scale income-producing asset sits in the heart of a rapidly developing corridor in New Orleans East, surrounded by new construction and ongoing redevelopment that continues to elevate the area’s long-term trajectory. This is more than stabilized income — it’s a strategic value-add play with measurable upside. Investment Highlights: Strong in-place income with rents currently below market, creating immediate revenue lift potential Clear value-add pathway through strategic rent adjustments and operational efficiencies Three to five additional plots with road frontage included, offering expansion, redevelopment, or future build-out opportunities Positioned in a growth corridor with visible reinvestment momentum Potential to exceed $1M+ in annual gross income with targeted updates and repositioning Designed for experienced investors who recognize scalable opportunity and understand performance metrics This asset offers both stability and scalability — cash flow today with tangible pathways for appreciation tomorrow. Additional Information: Appraisal available with verified purchase structure Motivated seller — all offers considered Showings by appointment only (24–48 hours advanced notice required) Do not disturb tenants Seller will consider contribution to buyers down payment or loan reduction Strategic positioning today can translate into outsized returns tomorrow
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Additional Information
- Sewer
- Public Sewer
- Water
- Public
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