Algiers Plaza Outparcel

10030 Holiday Drive New Orleans, LA 70131

10030 Holiday Drive, New Orleans, LA, 70131
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FOR SALE
Property Type:
Padsites
Amount:
$850,000
Last Verified:
Nov 13, 2024

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Highlights

  • Zoned C-3 for versatile commercial development opportunities
  • Ideal for land, office or retail-pad investment in front of Algiers Plaza Shopping Center anchored by TJ Max, Winn Dixie, et al. Strategic positioning for maximum visibility and accessibility
  • Proximity to established businesses and residential communities
  • High potential for growth and return on investment

Description

Introducing an exceptional investment opportunity at 3000 Holiday Drive in New Orleans, LA. This prime property boasts a highly sought-after location in the thriving Westbank area. Perfect for land or retail-pad investors, this site offers tremendous potential for retail, office, automotive or special purpose development. With its strategic positioning and favorable C-3 zoning, this property presents a unique chance to capitalize on the area's commercial real estate market. Don't miss out on the chance to secure a valuable asset in a strategic location that serves 70114 and 70131 Zip Codes. Ownership open to Ground Lease option.

Situated just minutes from downtown financial, medical, and tourist districts, this site provides the opportunity to locate your business near an intersection that is considered to be Main & Main for the historical Algiers submarket of New Orleans. The recent expansion of the University of Holy Cross, and the addition of Delgado's Community College Tech Center as well as recent investments by Aldi and Chick Fil A point to a veritable renaissance of business and retail activity in this vibrant Westbank community. LA DOTD 2023 data shows AADT at approximately 33,000 on Gen. De Gaulle Dr. near Holiday Dr. and an AADT of approx. 10,500 on Holiday Dr. midway between Gen. DeGaulle Dr. and Gen. Meyer Avenue- guesstimate for Holiday and MacArthur would be about 15,000.

Lot Size: 1.47 acres


Documents

Sale/Lease Brochure

Map of 10030 Holiday Drive, New Orleans, LA, 70131

Presented by:
Property One, Inc.

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David da Cunha


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.