ORETHA C HALEY DEVELOPMENT OPPORTUNITY

Vacant Land for Sale
Catylist Listing ID: 30761837
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort
Gross Land Area: 5,334 SF
Sale Price: $495,000
Unit Price: $92.80 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/14/2022

Overview / Comments

RARE DEVELOPMENT OPPORTUNITY WITH 43 FT OF FRONTAGE IN MIXED USE HIGH INTENSITY -MU2 ZONED ORETHA C HALEY BLVD. 2 BLOCKS FROM SOUTH MARKET DISTRICT THE STANDARD CONDO DEVELOPMENT AND MINUTUES FROM THE SUPERDOME. PROPERTY IS SHOVEL READY AND CONSISTS OF TWO LOTS OF RECORD- 26X127 AND 16X127- ALLOWING FOR EASY ACCESS TO REAR FOR REQ PARKING OF PROPOSED DEVELOPMENT. RECENT AND PLANNED DEVELOPMENTS ALONG CORRIDOR INCLUDES A WINERY, TWO NIGHTCLUBS , BREWERY, A RESTUARANT , 2 BOUTIQUE HOTELS, AND QUITE A FEW SHORT TERM RENTALS, BUILDABLE HEIGHT IS 85FT

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41142682
Zoning: MU2
Property Located Between: HOWARD AVE AND CLIO
Property Visibility: Excellent
Largest Nearby Street: HOWARD
Feet of Frontage: 42
Lot Frontage: 42
Lot Depth: 127
Zoning Description: MU2
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,009 200,297 399,763
Median Age: 37.28 35.74 37.02
Households: 12,861 87,065 167,581

Contact

Photograph of Listing Agent

Sadat M Spencer

Lagniappe Realty Team
New Orleans, LA
LACDB Member
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