1917 Heights Drive

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1917 Heights Drive

St Bernard, LA 70085
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land parcel situated at 1917 Heights Drive in St Bernard.
  • Property classification falls under the residential land asset category.
  • Site offers quick access to the New Orleans metropolitan area.
  • Development potential for single-family or multi-family residential housing units.
  • Located within a growing suburban environment in southern Louisiana.

What's Special

The residential land parcel at 1917 Heights Drive spans a strategic position in St Bernard, Louisiana. This vacant site serves as a foundation for new housing development within the Greater New Orleans metro area. Its location provides accessible routes to major economic hubs, positioning the lot for builders or private investors interested in residential expansion projects. The surrounding community benefits from its proximity to the regional infrastructure of St Bernard Parish, which maintains a stable suburban character adjacent to the city center. Given the demand for housing in this submarket, the property is suited for single-family or multi-family residential construction. Developing this tract offers a clear path to capitalize on the ongoing growth trends throughout the region, providing proximity to urban amenities while maintaining a residential lifestyle. Stakeholders can leverage the site potential to meet local housing requirements in a quiet, established area of the Gulf Coast region.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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