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$7,100,000
57 Days On Site

5931-61 BULLARD Avenue
New Orleans, LA 70128

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
66,500
SqFt
$107
/SqFt
2008
Built
County:
Orleans
Call Now: 504.525.9763
Is this the listing for you? We can help make it yours.
504.525.9763
5931-61 BULLARD Avenue5931-61 BULLARD Avenue5931-61 BULLARD Avenue5931-61 BULLARD Avenue
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Monthly Payment (Est.)

$32,393
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Opportunity Knocks — Positioned for Growth in New Orleans East Location isn’t just important — it’s everything. This rare, large-scale income-producing asset sits in the heart of a rapidly developing corridor in New Orleans East, surrounded by new construction and ongoing redevelopment that continues to elevate the area’s long-term trajectory. This is more than stabilized income — it’s a strategic value-add play with measurable upside. Investment Highlights: Strong in-place income with rents currently below market, creating immediate revenue lift potential Clear value-add pathway through strategic rent adjustments and operational efficiencies Three to five additional plots with road frontage included, offering expansion, redevelopment, or future build-out opportunities Positioned in a growth corridor with visible reinvestment momentum Potential to exceed $1M+ in annual gross income with targeted updates and repositioning Designed for experienced investors who recognize scalable opportunity and understand performance metrics This asset offers both stability and scalability — cash flow today with tangible pathways for appreciation tomorrow. Additional Information: Appraisal available with verified purchase structure Motivated seller — all serious offers considered Showings by appointment only (24–48 hours advanced notice required) Do not disturb tenants Proof of funds required prior to showing Strategic positioning today can translate into outsized returns tomorrow

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Listing Snapshot
Price 
$7,100,000
Days On Site 
57 Days
Bedrooms 
N/A
Inside Area (SqFt) 
66,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2008
MLS® Number 
2536092
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Cross Street 
Lake Forest Blvd, Levy Road
Levels 
One
Parking 
Parking Lot
Sewer 
Public Sewer
SqFt Total 
66500
Water Source 
Public
Zoning 
comm
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Exterior Features
Construction Details 
Frame
Lot Features 
City Lot
Listing courtesy of Anthony Posey Properties, Inc

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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