12 Acre Parcel on Michoud Blvd adjacent to Six Flags Site

Vacant Land for Sale
Catylist Listing ID: 28283284
Property Subtypes: Retail
Gross Land Area: 12.06 Acres
Sale Price: $500,000
Unit Price: $41,459 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/7/2019

Overview / Comments

12-Acre Site on Michoud Blvd adjacent to the former Six Flags ("Jazzland") site. Zoned "C-2." Great price at less than $1/sq/ft. and the site is prime for development and the owner is motivated to sell.

Recently, there is said to be activity coming back to the former theme park and this could be an opportunity as an investment to hold, wait for the park to be redeveloped as this is adjacent to the site right off the front gate off Michoud Blvd.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Tax ID/APN: 41146770
Zoning: C-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,188 35,415 57,513
Median Age: 33.81 33.63 32.97
Households: 1,877 12,140 20,348


Photograph of Listing Agent

Charles M Mullin

RE/MAX Commercial Brokers Inc Metairie, LA 70002
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