5931,5941,5951, BULLARD Avenue, New Orleans, LA 70128
$7,100,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
66,500
Status:
Active
Current Price:
$7,100,000
List Date:
12/30/2025
Last Modified:
1/30/2026
Description
Opportunity Knocks -- and It Pays to Answer. Location. Location. Location. A rare, large-scale income-producing asset with significant upside in a rapidly developing corridor of New Orleans East. Investment Highlights Strong in-place income with below-market rents Immediate value-add opportunity through rent increases and operational improvements Additional land allows for future development or expansion Surrounded by new construction and ongoing redevelopment Proven potential to exceed $1M+ in annual gross income with strategic updates Ideal for experienced investors who understand the numbers Additional Details Appraisal available with verified ability to purchase Motivated seller -- bring all offers Showings by appointment only with 24-48 hours' notice Do not disturb tenants Proof of funds required prior to showing
Supplements: ********
More Information MLS# NO2536092
Listing Info
Delayed Marketing: No
For Sale: Yes
List Price/SqFt: 106.77
Status: Active
Listing Date: 2025-12-30
Listing Price: 7100000
Current Price: $7,100,000
Modification Timestamp: 2026-01-30T20:03:48Z
Photo Modified: 2026-01-30T20:03:48Z
General Property Description
Lot Dimensions: 756x400
Stories: 1
SqFt - Total: 66500
SqFt - Source: Appraiser
Acreage Range: 0 - 0.5
Elevator: No
Load Dock?: 0
Sale/Lease Info
Lease Purchase: Yes
Remarks & Misc
Remarks: Opportunity Knocks -- and It Pays to Answer. Location. Location. Location. A rare, large-scale income-producing asset with significant upside in a rapidly developing corridor of New Orleans East. Investment Highlights Strong in-place income with below-market rents Immediate value-add opportunity through rent increases and operational improvements Additional land allows for future development or expansion Surrounded by new construction and ongoing redevelopment Proven potential to exceed $1M+ in annual gross income with strategic updates Ideal for experienced investors who understand the numbers Additional Details Appraisal available with verified ability to purchase Motivated seller -- bring all offers Showings by appointment only with 24-48 hours' notice Do not disturb tenants Proof of funds required prior to showing
Office/Member/Contract Info
List AOR: NOMAR
Property Type
Shopping Center: 1
Parking
Parking Lot: 1
Construction
Frame: 1
Landlord Pays
Building Insurance: 1
Property Taxes: 1
Financing
Lease Purchase: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 56557875
Originating System Listing ID: 2536092
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 5931,5941,5951,
Street Name: BULLARD Avenue
Parish: Orleans
State: LA
Zip Code: 70128
Tax Assessment Number: 701285931,5941,5951,5961B
Zone: comm
Directions: Bounding Streets: Lake Forest Blvd, Levy Road
Property Features
Property Type: Shopping Center
Construction: Frame
Landlord Pays: Building Insurance; Property Taxes
Parking: Parking Lot
Financing: Lease Purchase
Listing Office:
Anthony Posey Properties, Inc
IDX
Last Updated: January - 30 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.