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5931-61 Bullard Avenue
New Orleans, LA 70128

$6,800,000 - Status: Active
MLS# 2536092

Opportunity Knocks - Positioned for Growth in New Orleans EastLocation 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 potentialClear value-add pathway through strategic rent adjustments and operational efficienciesThree to five additional plots with road frontage included, offering expansion, redevelopment, or future build-out opportunitiesPositioned in a growth corridor with visible reinvestment momentumPotential to exceed $1M+ in annual gross income with targeted updates and repositioningDesigned for experienced investors who recognize scalable opportunity and understand performance metricsThis asset offers both stability and scalability - cash flow today with tangible pathways for appreciation tomorrow.Additional Information:Appraisal available with verified purchase structureMotivated seller - all offers consideredShowings by appointment only (24-48 hours advanced notice required)Do not disturb tenantsSeller will consider contribution to buyers down payment or loan reduction Strategic positioning today can translate into outsized returns tomorrow

Property Features

MLS#: 2536092
Zip: 70128
Subdivision:
Development:
Property Type: Commercial - Business
Days on Site: 18
Lot Size:
Stories: 1.0
Year Built: 2008

Feature Descriptions

Exterior: Frame, Structural Insulated Panels
Lot Dimensions: 756x400
Parcel#: 701285931,5941,5951,5961BULLARDAV
Parking: Parking Lot
Parking Notes: Parking Lot
Sewer: Public Sewer
Utilities: Natural Gas Available
Water: Public

5931-61 Bullard Avenue | MLS# 2536092

This commercial property located at 5931-61 Bullard Avenue, New Orleans, LA 70128 is currently listed for sale with an asking price of $6,800,000. Search New Orleans real estate on www.riccire.com today.

Listed By / Shown By

Listed By

Agency Name: Anthony Posey Properties, Inc
Agency Phone: 504-595-8000

Shown By

Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050

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