5931-61 Bullard Avenue Ave, New Orleans, LA 70128 (MLS # NO2536092)

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View Virtual Tour PRICE $7,100,000 SIZE 66,500 sqft LOT SIZE 6.94 ac Request More Info Schedule a Showing

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 serious offers considered Showings by appointment only (24-48 hours advanced notice required) Do not disturb tenants Proof of funds required prior to showing Strategic positioning today can translate into outsized returns tomorrow

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