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40829 Levy Dr
New Orleans, LA 70128
New Orleans | Prime Commercial Land · Land For Sale · 4.60 AC

Investment Highlights

  • Motivated institutional seller
  • Ease of accessibility to surrounding markets and interstate highway(s)
  • Excellent placement nearby residential neighborhoods and host of national retailers (Walmart Supercenter, Walgreens, McDonald's)
  • Development options including storage, multifamily, hospitality, office, and warehouse distribution

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Office
  • Multifamily
  • Hospitality
  • Distribution
  • Self Storage
  • Warehouse
Total Lot Size 4.60 AC
Zoning C-1

Description

4.6-acre commercial land parcel located in New Orleans, Louisiana. The Property features an excellent placement nearby residential neighborhoods and a host of national retailers including a Walmart Supercenter, Walgreens, Home Depot, McDonald's, Burger King, IHOP, and more. Accessed from Bullard via Levy Drive, the Property has great access to the surrounding market area and quick connectivity to Interstate 10. The Property offers new ownership the ability to pursue a diverse array of development opportunities including storage, multifamily, hospitality, office, and last mile distribution. The city of New Orleans employs ±188,000 people. The largest industries in New Orleans include Educational Services, Healthcare & Social Assistance, and Accommodation & Food Services while the highest paying industries are Mining, Quarrying, & Oil, Agriculture, Forestry, Fishing & Hunting, Mining, and Management of Companies & Enterprises. The largest universities in New Orleans include Tulane University, University of New Orleans, and Delgado Community College thereby providing local employers a robust and educated pool of labor to fulfill staffing necessities. Investment Sales Broker: Bradley Cook, Stirling Properties LA License: SALE.995693972-ACT

Property Taxes

Property Taxes

Parcel Number
3-9W-0-165-94
Land Assessment
$26,140
Improvements Assessment
$0
Total Assessment
$26,140
  • Listing ID: 25447161

  • Date on Market: 4/11/2022

  • Last Updated:

  • Address: 40829 Levy Dr, New Orleans, LA 70128

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