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2350 Cypress Acres Drive
New Orleans, LA 70114
Asking Price
$1.50M
Asset Type
Commercial Land
Class
Class B
What's Special
<ul><li><span style="color: rgba(39, 37, 30, 1)">6.02-acre development site in a high-traffic West Bank commercial corridor off General De Gaulle Drive.</span></li><li><span style="color: rgba(39, 37, 30, 1)">Positioned behind Racetrac and surrounded by national retailers, local businesses, and dense residential neighborhoods.</span></li><li><span style="color: rgba(39, 37, 30, 1)">C-2 zoning offers flexibility for a range of commercial and mixed-use uses, including retail, multifamily, stora
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
