6021-6027 Chef Menteur Highway

Vacant Land for Sale
Catylist Listing ID: 28724412
Gross Land Area: 148,104 SF
Sale Price: $449,000
Unit Price: $3.03 PSF
Sale Terms: Cash to Seller
Last Updated: 7/15/2019

Overview / Comments

3.4 acres of vacant land which was the former location of a 52,800 sf shopping center called Tropical Plaza until it was destroyed by Hurricane Katrina. Remaining is a 10,000 sf slab. Included in the sale is an AT&T tower measuring 40' x 40', generating $925.75/month as of September 1, 2011, for 5 years. There remains 4 more five year options to renew. There were 30 Fema trailers located on the rear of the property after Hurricane Katrina.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Zoning: C-1, COMMERCIAL
Area Description: Property located at Chef Menteur Highway at Downman Road, with easy access (5 minutes) to Interstate 10, New Orleans East, Louisiana
Lot Frontage: 200
Lot Depth: 739/707

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,945 87,213 208,169
Median Age: 35.72 34.67 35.54
Households: 1,794 33,866 83,045

Contact

Photograph of Listing Agent

Cathy S McGehee

NAI/Latter & Blum Commercial New Orleans New Orleans, LA 70130
LACDB Member
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