8454 Morrison Rd

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8454 Morrison Rd

New Orleans, LA 70127
Asking Price
$800K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail property spans 19,870 square feet of interior space
  • Asset is available for purchase at 800,000 dollars
  • Located on Morrison Road in the city of New Orleans
  • Property sits within the 70127 zip code of Louisiana
  • Site supports various retail and commercial business use cases

What's Special

Priced at 800,000 dollars, this 19,870 square foot retail property is situated at 8454 Morrison Rd in New Orleans, Louisiana. The facility serves the 70127 zip code and surrounding areas within the New Orleans metro market, a region recognized for its distinct economic landscape and regional commerce. Given the generous floor plate, the site is well-positioned for various retail operations, ranging from neighborhood service providers to larger commercial storefronts seeking visibility in this established corridor. Positioned with proximity to regional transportation arteries, the property provides access to the broader New Orleans economy. Investors and business owners will note the utility of this retail space for entities requiring significant square footage for operations or inventory. The asset represents a functional component of the local commercial infrastructure, offering potential for businesses looking to expand their physical footprint within this Louisiana market.

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NOI
$80,000
Cap Rate
10.00%
DSCR
1.68
Strong
Cash-on-Cash
13.54%
Monthly Payment
$3,957.964
Annual Cash Flow
$32,504.438

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