We Purchase, Trade, Consult & Market Residential & Commercial Real Estate

  • About
  • Contact
  • Careers
  • 337-984-4345
Guidry and Company Real EstateGuidry and Company Real EstateGuidry and Company Real EstateGuidry and Company Real Estate
  • 337-984-4345
  • Home
  • Buyers
    • Looking to Buy?
    • Featured Listings
    • Homes for Sale
    • COMMERCIAL LISTINGS: Business Opportunity, Industrial, Office, Restaurant/Lounge, Shopping Center, Hotel/Motel, Medical/Dental or Retail
    • LAND LISTINGS: Commercial, Industrial, Residential, Farm or Timberland
    • Buyers Guidebook
    • Choose Your Realtor
    • Why Choose Us
  • Sellers
    • Why Choose Us
  • Services
    • Consultation Services
    • Inherited Land
    • Professional Development
  • Who’s Your REALTOR®?
  • Blog
  • Reviews

Agent on Call

Jennifer Guidry, REALTOR® Sales Associate
337-349-8076


$7,100,000
5931-61 BULLARD Avenue
New Orleans, LA 70128
MLS# NO2536092
66500 sqft


Photo 1
  1 / 39  
Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20 Photo 21 Photo 22 Photo 23 Photo 24 Photo 25 Photo 26 Photo 27 Photo 28 Photo 29 Photo 30 Photo 31 Photo 32 Photo 33 Photo 34 Photo 35 Photo 36 Photo 37 Photo 38 Photo 39

Property Description
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

Details
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: 2026-02-24T22:23:04Z
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 -- 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
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: 5931-61
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

IDX
Listing Office: Anthony Posey Properties, Inc

Last Updated: February - 24 - 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.


Search powered by FBS Products

Find Us

Get Directions
 

1232-A Camellia Blvd.
Lafayette, LA 70508
P: 337-984-4345

 

AGENT ON CALL | 337-349-8076
 

 

CALL US: 337-984-4345

 

GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for IDX. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.

Licensed & Regulated in the jurisdiction of the Louisiana Real Estate Commission, Members of the National Association of Realtors®, Louisiana Realtors®, Realtor® Association of Acadiana, Multiple Listing Service (MLS), Louisiana Commercial (www.lacdb.com), The Realtor® Commercial Alliance, Equal Housing Opportunity.

  • Home
  • 337-984-4345
  • Buyers
    • Looking to Buy?
    • Featured Listings
    • Homes for Sale
    • COMMERCIAL LISTINGS: Business Opportunity, Industrial, Office, Restaurant/Lounge, Shopping Center, Hotel/Motel, Medical/Dental or Retail
    • LAND LISTINGS: Commercial, Industrial, Residential, Farm or Timberland
    • Buyers Guidebook
    • Choose Your Realtor
    • Why Choose Us
  • Sellers
    • Why Choose Us
  • Services
    • Consultation Services
    • Looking to Buy?
    • Inherited Real Estate?
    • Choose Your REALTOR®
    • Professional Development
  • Blog
  • Who’s Your REALTOR®?
  • Careers
  • About Guidry & Co. Real Estate
  • Contact Us
  • Reviews
Guidry and Company Real Estate
Thank you for visiting Guidry & Co. Real Estate, for more information please register here:

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name*

 

Return To Homepage