3.3 Acres On Belle Chasse Hwy
Vacant Land
for Sale
| Catylist Listing ID: |
30807882 |
| Property Subtypes: |
Retail
|
| Gross Land Area: |
143,132 SF
|
| Sale Price: |
$1,500,000 |
| Unit Price: |
$10.48 PSF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/15/2023 |
Overview / Comments
|
Excellent development site in great location on Belle Chasse Highway near the Lapalco Boulevard interchange. This is an area of high concentration of regional and national retailers due to the high traffic volumes of the Belle Chasse Highway and Lapalco Blvd corridors. This is an excellent site for development of a wide variety of uses that the Mixed Use Corridor District allows. The surrounding area also contains a heavy concentration of residential development which drives tremendous vehicular traffic and commerce to the retailers along this stretch. Costar traffic counts for Lapalco Blvd in this area are estimated to be approximately 38,000 cars per day and 41,000 cars per day on this stretch of Belle Chasse Highway.
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Jefferson |
| Tax ID/APN: |
87470 |
| Zoning: |
MU-CD |
| Property Located Between: |
Lapalco Blvd. and Dale Ave. |
| Largest Nearby Street: |
Belle Chasse Hwy |
| Feet of Frontage: |
273 |
| Traffic/Vehicle Count: |
41,000 |
| Lot Frontage: |
273 feet |
| Zoning Description: |
Mixed Use Corridor District |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,352 |
102,063 |
225,969 |
| Median Age: |
34.98 |
35.18 |
36.15 |
| Households: |
5,635 |
37,652 |
88,521 |
|
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