MU-1 Zoned Development Lot

Vacant Land for Sale
Catylist Listing ID: 30849110
Property Subtypes: Office, Retail, Other
Gross Land Area: 11,477 SF
Sale Price: $1,070,000
Unit Price: $93.23 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2024

Overview / Comments

Presenting an exceptional opportunity for development. This vacant lot, conveniently located near the corner of St. Charles Avenue and Erato Street, offers immense potential in a highly desirable location. With the MU-1 zoning designation, this lot is ideally suited for a wide range of development possibilities. The strategic positioning near the former Delmonico building enhances the overall character and attractiveness of the development. The site benefits from excellent street frontage and high visibility, ensuring maximum exposure for commercial ventures and easy accessibility for residents or visitors.

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Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 102104901
Zoning: MU-1
Property Located Between: St. Charles & Prytania
Largest Nearby Street: St. Charles Ave.
Zoning Description: Medium Intensity Mixed-Use District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,681 204,612 402,979
Median Age: 36.89 35.54 37.02
Households: 12,039 87,831 167,807


Photograph of Listing Agent

Pat Browne III

The McEnery Company Inc New Orleans, LA 70112
LACDB Member
Photograph of Listing Agent

S. Parkerson McEnery

The McEnery Company Inc New Orleans, LA 70112
LACDB Member
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