8258 Lake Forest Boulevard

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8258 Lake Forest Boulevard

New Orleans, LA 70126
Asking Price
$440K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for acquisition in New Orleans
  • Total asking price set at four hundred forty thousand dollars
  • Property situated within the 70126 ZIP code area
  • Strategic location offers access to regional transportation infrastructure
  • Suitable site for various commercial development and construction projects

What's Special

Development of this commercial land parcel at 8258 Lake Forest Boulevard provides an entry point into the New Orleans real estate market. The site is positioned to accommodate various commercial improvements, serving the needs of businesses looking to establish a footprint within the 70126 ZIP code. The local infrastructure supports a range of commercial endeavors, and the property's location offers proximity to regional transportation routes that facilitate access throughout the metro area. As New Orleans continues to balance its historic character with evolving commercial requirements, this parcel represents a practical site for investors or owner-occupiers seeking to construct custom facilities. The area benefits from ongoing economic activity and access to the diverse workforce residing in the surrounding neighborhoods. This asset functions as a blank slate for those focused on long-term capital appreciation or specific operational utility in an established Louisiana submarket.

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NOI
$80,000
Cap Rate
18.18%
DSCR
3.06
Strong
Cash-on-Cash
40.82%
Monthly Payment
$2,176.88
Annual Cash Flow
$53,877.441

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