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8258 Lake Forest Blvd 5.01 Acres of Commercial Land Offered at $440,000 in New Orleans, LA 70126
Investment Highlights
- 5.01-acre tract located in the New Orleans East commercial corridor.
- Excellent visibility along Lake Forest Boulevard with easy access to major roadways.
- Zoned C-1, allowing for a broad range of commercial development options.
- Close proximity to downtown New Orleans, shopping centers, and community amenities.
Executive Summary
This 5.01-acre tract on Lake Forest Boulevard presents a significant development opportunity in the heart of New Orleans East. Positioned within a well-established commercial corridor, the property offers a rare combination of size, accessibility, and long-term investment potential. Its C-1 zoning designation supports a wide range of commercial uses, making it suitable for retail, office, or mixed-use development.
The site benefits from excellent visibility along Lake Forest Boulevard and convenient access to major thoroughfares, including quick connections to downtown New Orleans and Interstate 10. This connectivity enhances its appeal for businesses seeking a location that balances accessibility with proximity to key markets.
Surrounding amenities include shopping centers, schools, and community services, contributing to a strong consumer base and steady traffic flow. The area continues to experience revitalization and growth, further supporting the property’s value proposition for developers and investors. With its strategic location and flexible zoning, this tract is well-positioned to accommodate a variety of commercial projects that can capitalize on the area’s ongoing economic development.
The site benefits from excellent visibility along Lake Forest Boulevard and convenient access to major thoroughfares, including quick connections to downtown New Orleans and Interstate 10. This connectivity enhances its appeal for businesses seeking a location that balances accessibility with proximity to key markets.
Surrounding amenities include shopping centers, schools, and community services, contributing to a strong consumer base and steady traffic flow. The area continues to experience revitalization and growth, further supporting the property’s value proposition for developers and investors. With its strategic location and flexible zoning, this tract is well-positioned to accommodate a variety of commercial projects that can capitalize on the area’s ongoing economic development.
Property Facts
| Price | $440,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 5.01 AC |
| Property Type | Land | ||
| Zoning | C-1 - Commercial | ||
| Price | $440,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.01 AC |
| Zoning | C-1 - Commercial |
1 Lot Available
Lot
| Price | $440,000 | Lot Size | 5.01 AC |
| Price Per AC | $87,792.81 |
| Price | $440,000 |
| Price Per AC | $87,792.81 |
| Lot Size | 5.01 AC |
Property Size: 5.01 acres
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 3-9W-0-161-45 | Improvements Assessment | $0 |
| Land Assessment | $54,580 | Total Assessment | $54,580 |
Property Taxes
Parcel Number
3-9W-0-161-45
Land Assessment
$54,580
Improvements Assessment
$0
Total Assessment
$54,580
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