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🏢 Just listed — Industrial for sale in New Orleans, LA.

📍 1171 Annunciation Street, New Orleans, LA
🏷  Industrial · For Sale
💰 $645K

High-Visibility Hard-Corner Downtown Site

<ul><li><span style="color: rgba(55, 65, 81, 1)">Ground Lease or Build to Suit available</span></li><li><span style="color: rgba(55, 65, 81, 1)">Signalized hard-corner with exceptional visibility</span></li><li><span style="color: rgb

Full financials, photos, and broker contact:
https://commrty.com/property/louisiana/new-orleans/high-visibility-hard-corner-downtown-site-2461131-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=high-visibility-hard-corner-downtown-site-2461131

#NewOrleans #Industrial #CommercialRealEstate #CRE #Investment

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Home/LA/New Orleans

1171 Annunciation Street

New Orleans, LA 70130

Asking Price

$645K

Asset Type

Industrial

Class

Class B

What's Special

High-Visibility Hard-Corner Downtown Site <ul><li>Ground Lease or Build to Suit available</li><li>Signalized hard-corner with exceptional visibility</li><li>Rare development site in high-growth corridor</li><li>Conceptual renderings and plans included with purchase</li><li>Red iron steel frame building

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

12.40%

DSCR

2.09

Strong

Cash-on-Cash

21.56%

Monthly Payment

$3,190.861

Annual Cash Flow

$41,709.672

Location & Travel Times

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