5790 Crowder BlvdNew Orleans, LA 70127

Property Details for 5790 Crowder Blvd

Year built

1900

Construction

CONCRETE BLOCKS

Lot size

3.65 AC

Property size (Sq ft)

31,756 SF

Property type

Retail properties

Property subtype

Retail space

APN

39W016154

APU

39W016154

Description

This exceptional retail opportunity presents 2,000 square feet of vacant, vanilla shell space (Suite E) in the highly sought-after Crowder Retail Center, located at 5790 Crowder Blvd, New Orleans, LA 70127. The center boasts a total of 31,852 square feet across a single building situated on a 31,852 square foot lot. This C-3 zoned property (APN 41221978) is part of the Northshore submarket and enjoys a prominent location adjacent to I-10, ensuring high visibility and exceptional pedestrian traffic. The center is anchored by Planet Fitness and includes numerous national tenants, establishing a strong and successful retail environment. In addition to the 2,000 square foot space, a smaller 1,100 square foot space (Suite C-1), previously occupied by a tax advisor, is also available. This smaller space would be ideal for a similar professional service business. Both spaces offer excellent potential for a variety of retail uses. The property's location in the thriving New Orleans East area makes it an ideal investment for businesses seeking high foot traffic and strong visibility. Don't miss this chance to secure a space in one of the most popular retail destinations in the area.

• CAP approach

  CAP return

  Valuation

  6%

  $7,402,794

  6.5%

  $6,833,348

  7%

  $6,345,252

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,104,387

  Geo Method

  $5,688,986

• Alternative Use

  Use

  Valuation

  Residential

  $5,764,185

  Hospitality

  $5,279,962

  Educational

  $4,392,866

  Medical

  $4,543,944

  Retail

  $6,833,348

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

30.0279

Longitude

-89.9939

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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