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
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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5931-61 Bullard Avenue, New Orleans, LA 70128.
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5931-61 Bullard Avenue, New Orleans, LA 70128.
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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.