Development Lot

Vacant Land for Sale
Catylist Listing ID: 30836760
Property Subtypes: Residential (Single Family)
Gross Land Area: 1.03 Acres
Sale Price: $249,000
Unit Price: $241,747 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/28/2024

Overview / Comments

Large Land Site just off Airline Highway @ corner of N. Turnbull. Potential to subdivide and develop into multi-lot subdivision up to 6-7 lots. Recently purchased and subdivided from KCS RR into a single lot of record.

Adjacent to Gilmore Park subdivision. This the largest lot available in the market that could provide affordable lots for development in a safe part of Metairie that is also "high-ground".

Gas runs in front of property, Jefferson Parish Sewer and water is in the area as well, but any potential buyer/developer will need to investigate the potential with Jefferson Parish for development. Seller's have priced this for a quick-flip.

Disclosure: Agent is part of the ownership entity.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Zoning: R1
Property Located Between: Merit Way & N. Turnbull
Lot Frontage: 454
Lot Depth: 100
Zoning Description: R1
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,999 164,138 352,243
Median Age: 43.73 39.92 38.92
Households: 9,481 71,351 149,299


Photograph of Listing Agent

Richard E Juge

RE/MAX Commercial Brokers Inc Metairie, LA 70002
LACDB Member
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