Prime Redevelopment Opportunity Off I-10 – Priced At Land Value

4525 Old Gentilly Rd New Orleans, LA 70126

4525 Old Gentilly Rd, New Orleans, LA, 70126
4525 Old Gentilly Rd, New Orleans, LA, 70126 4525 Old Gentilly Rd, New Orleans, LA, 70126 4525 Old Gentilly Rd, New Orleans, LA, 70126 4525 Old Gentilly Rd, New Orleans, LA, 70126 4525 Old Gentilly Rd, New Orleans, LA, 70126 4525 Old Gentilly Rd, New Orleans, LA, 70126 4525 Old Gentilly Rd, New Orleans, LA, 70126 4525 Old Gentilly Rd, New Orleans, LA, 70126
FOR SALE
Property Type:
Free Standing Building
Amount:
$1,050,000
Last Verified:
Oct 30, 2024

Daily Email Blast
0 times


Highlights

  • Currently leased to December 31, 2025
  • ±0.80 acres of buildable land
  • ±9,180 SF of current improvements

Description

Now available for sale, 4525 Old Gentilly Road in New Orleans is a prime redevelopment property leased through December 31, 2025.

However, the tenant has vacated allowing a new owner to collect rental income while preparing redevelopment plans.

The property offers ±34,805 SF of buildable area on ±43,124 SF of land, with existing improvements totaling ±9,180 SF.

Located between Chef Menteur Hwy and I-10, the site enjoys high visibility from I-10, enhancing its commercial appeal.

-

Building Size: 9180sq ft
Lot Size: 0.99 acres


Documents

Sale Brochure

Map of 4525 Old Gentilly Rd, New Orleans, LA, 70126

Presented by:
Elifin Realty

Request additional information
Noah Loveland


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.