$210,000
1,295 Sq Ft
Three-story memory care facility on a sprawling University City parcel
1,295
Sq Ft
9.7 acres
Lot
None
Garage
Start with the land: nearly 10 acres of level, developable grounds with direct frontage on Loyola Drive — an unusually large footprint for Kenner that delivers flexibility and presence. The existing three-story, wood-frame building operates today as Inspired Living at Kenner, offering assisted living and memory care services inside roughly 1,295 square feet of gross building area. Surface parking, municipal utilities (water and sewer), Entergy electric and Atmos gas support current operations and future improvements without utility upgrades required at the curb.
Walking the campus you immediately notice the operational strengths: a long-term tenant in place, clearly defined vehicular access from Loyola Drive, and ample parking to support staff and visitors. The building’s central HVAC and asphalt shingle roof reflect functional systems in serviceable condition; LoopNet and state licensing records indicate active memory-care programming and an on-site team managing day-to-day operations. Zoning is R1A (single-family residential) with conditional use allowance for assisted living — a point buyers should confirm with the City of Kenner before pursuing changes of use or expansion.
Location is a practical part of the offering. The property sits in University City with direct connectivity to regional anchors: Louis Armstrong New Orleans International Airport (about 3 miles), Esplanade Mall (roughly 2 miles) and Ochsner Medical Center–Kenner (approximately 1.5 miles). Those proximate medical and transportation assets strengthen the facility’s market positioning for seniors and families seeking convenient access to clinicians and travel links.
From an investment perspective this asset is currently tenant-occupied and generating operational value through an existing long-term lease with Inspired Living. Public records show a modest assessed value ($11,190 in 2025) and annual property tax of $1,189; independent valuation modeled a range of $190,000–$230,000 with a midpoint of $210,000. Buyers should prioritize a thorough property inspection, lease and financial review, and zoning verification to confirm revenue, condition, and redevelopment options.
This is a specialty asset: a stabilized senior living campus in a central Jefferson Parish location, offering an owner or investor a platform for continued operation, repositioning, or expansion. Given the size of the parcel and the established operations, the property invites multiple strategic approaches — preserve the current use, expand service lines, or explore phased redevelopment subject to municipal approvals.
University City in Kenner blends residential blocks with convenient commercial corridors, delivering quick access to essential services and regional connectors. Families and healthcare providers value the area’s proximity to Louis Armstrong New Orleans International Airport, Ochsner Medical Center–Kenner, and local retail like Esplanade Mall. The neighborhood atmosphere is practical and service-oriented — well suited to senior-living operations that need nearby medical support, retail access, and straightforward transportation links across Jefferson Parish and into greater New Orleans.
The Kenner / University City market currently presents a measured environment for investors in both residential and specialty assets. Recorded area metrics show a median residential sale price near $285,000 and an average days-on-market around 52 — indicators of a market that moves steadily but not frenetically. For assisted living specifically, public comps and transactional data are limited, so pricing and demand must be evaluated against local demographic drivers: a stable 1-mile population of roughly 15,150 and a median income near $65,379 suggest consistent demand for senior services.
This property’s tenant-occupied status and proximity to major medical and transport hubs make it more attractive than a vacant specialty asset, but limited liquidity and fewer comparable sales for memory-care facilities skew valuation risk toward buyers who perform deep due diligence. Inventory for this asset class is thin locally, which can favor motivated sellers if the property is marketed to specialized healthcare investors. Conversely, buyers seeking value-add or redevelopment should closely examine R1A conditional-use constraints, capital needs for aging infrastructure, and the tenant lease terms. In short: the broader residential market is stable, assisted-living demand fundamentals remain intact, and this property represents a compelling entry for an investor who validates occupancy economics and zoning parameters.
Bonnabel Magnet Academy High School
High
John Q. Adams Middle School
Middle
J.J. Audubon Elementary School
Elementary
Moderate access to recreation: neighborhood parks and Jefferson Parish community facilities are a short drive away; regional recreation, golf and waterfront amenities are accessible within the parish for varied outdoor options.
The property at 3801 Loyola Drive presents a unique investment opportunity in the assisted living sector, leveraging its substantial lot size, existing infrastructure, and strategic location to meet the growing demand for senior care services.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$190K
Midpoint
$210K
High
$230K
$162/SF estimated price per square foot
Sales comparison approach using similar properties in the area. Limited data on assisted living facilities; estimate based on available residential comps.
As of 2026-06-30
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Stable population with moderate income levels suitable for assisted living services.
Proximity to major transportation hubs, shopping centers, and medical facilities enhances the property's appeal for assisted living services.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
Sale details limited
Claim this property page to feature your contact info, photos, and list price.
Claim This Listing — $49One-time fee. Your info appears on this page across CompCasa.
Connect with a licensed local agent in this area.
Request a ShowingAre you a buyer's agent?
Claim ZIP 70065 — $49/yrProperty details may be compiled from public records, MLS-derived data, and automated analysis. Agent claim indicates the agent has claimed this profile or confirmed representation of the property; it does not mean the agent has verified all property details.