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$6,800,000
302 Days On Site

5931-61 BULLARD Avenue
New Orleans, LA 70128

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
2008
Built
County:
Orleans
5931-61 BULLARD Avenue5931-61 BULLARD Avenue5931-61 BULLARD Avenue5931-61 BULLARD Avenue
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Opportunity Knocks — Positioned for Growth in New Orleans EastLocation 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 potentialClear value-add pathway through strategic rent adjustments and operational efficienciesThree to five additional plots with road frontage included, offering expansion, redevelopment, or future build-out opportunitiesPositioned in a growth corridor with visible reinvestment momentumPotential to exceed $1M+ in annual gross income with targeted updates and repositioningDesigned for experienced investors who recognize scalable opportunity and understand performance metricsThis asset offers both stability and scalability — cash flow today with tangible pathways for appreciation tomorrow.Additional Information:Appraisal available with verified purchase structureMotivated seller — all offers consideredShowings by appointment only (24–48 hours advanced notice required)Do not disturb tenantsSeller will consider contribution to buyers down payment or loan reduction Strategic positioning today can translate into outsized returns tomorrow

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Listing Snapshot
Price 
$6,800,000
Days On Site 
302 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
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 
N/A
Friends & Family
Recent Activity
yesterdayPrice changed to $6,800,000
yesterdayListing updated with changes from the MLS
10 months agoStatus changed to Active
10 months agoListing first seen on site
General Features
Additional Property Use 
CommercialRetail
Cross Street 
Lake Forest Blvd, Levy Road
Disclosures 
Property As Is
Parking 
Parking Lot
Sewer 
Public Sewer
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
comm
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Exterior Features
Construction Details 
Frame
Community Features
Financing Terms Available 
Lease Purchase
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 ROAM MLS.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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