Mid City Parking Lot

Vacant Land for Lease
Also listed as Industrial
Catylist Listing ID: 30278749
Property Subtypes: Industrial, Office, Other
Gross Land Area: 14,400 SF
Lease Rate: $3,500 - 5,000 (Monthly)
$2.92 - 4.17 PSF (Annual)
Lease Types: See Agent
In Opportunity Zone? Yes
Last Updated: 4/18/2024

Overview / Comments

ACCEPTING OFFERS! Located in the FEDERAL OPPORTUNITY ZONE and in Mid City one block off Poydras, this is a gated 120' x 120' lot improved as a parking lot for 52 cars. Zoned MU-2 (High Intensity Mixed Use) and zoning details are attached to this listing along with the site plan.

In the nearby vicinity is The VA Hospital and University Medical Center, Fresenius, The Marquis Apartments, The Falstaff Apartments, Granger and CubeSmart Self Storage. Formerly leased as an accessory medical office parking lot for $9,100 a month.

Available for short term, long term or build-to-suit. Good for staging equipment, cars or inventory for easy downtown access. Make an offer. Owner/Agent.

Will consider selling it at cap rate based on 100% occupied parking lot.

For more information on the Federal Opportunity Zones see: https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41030859
Zoning: MU-2
Property Located Between: S. Tonti, S. Rocheblave, and Poydras Street
Property Visibility: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,446 203,666 412,673
Median Age: 32.19 36.36 37.37
Households: 8,017 89,814 175,983

Contact

Photograph of Listing Agent

Mi Mi Montagnet Bankston

The McEnery Company Inc New Orleans, LA 70112
LACDB Member
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