Bank-Owned Acreage | 3250 Rue Parc Fontaine

Claim a development opportunity in the New Orleans West Bank. Located along busy General DeGaulle Drive, this 1.13 acre cleared parcel offers a strategic opportunity for investors and developers seeking a foothold in a heavily trafficked New Orleans corridor. The property features 112 feet of frontage on Rue Parc Fontaine with good access. The property comes equipped with C-3 zoning, which supports a wide range of high-demand uses, including retail, office, hospitality, restaurants, and commercial parking. Positioned just 6 miles from the iconic French Quarter and separated only by the Mississippi River. With quick access to US 90 Business, the property is exceptionally well connected to the citys economic and cultural core. The surrounding neighborhood is anchored by a strong mix of national retailers, including Aldi, Petco, Burlington, Starbucks, and Burger King, creating a consistent flow of consumer activity. Proximity to major universities such as Xavier, Tulane, and Loyola. New Orleans presents a compelling opportunity for investors and developers alike. The citys economy is largely fueled by tourism, which supports a $9 billion annual impact and accounts for over 12 percent of the local GDP in a typical year. In 2024 alone, the region added 6,300 new jobs, signaling ongoing economic momentum. Beyond tourism, the Port of South Louisiana ranks among the top 20 busiest ports in the world by total tonnage and consistently places in the top five in the United States, reinforcing New Orleans' role as a critical hub for trade and logistics. At the heart of the citys enduring appeal is its exceptional quality of life. With its walkable neighborhoods, rich cultural fabric, and distinctive character, New Orleans continues to attract transplants in search of affordability and authenticity in one of Americas most iconic cities. Please be advised that the subject property located at (Lot 2-B4-A1) Rue Parc Fontaine, New Orleans, LA 70131-6908 is encumbered by the following five (5) year deed restrictions: Bank of America, U.S. Bank, Citibank, PNC Bank, Wells Fargo, Hancock Whitney, Capital One, or Regions. In addition to competitor restrictions, these additional restrictions apply in perpetuity: an establishment selling or exhibiting drug-related paraphernalia; an establishment that sells vaping products; a marijuana dispensary, or any establishment selling or exhibiting marijuana or other cannabis products; or an establishment selling or exhibiting materials considered to be obscene or erotic. Property tours are available by appointment only. Please contact the listing broker to schedule.