Bio-District Infill Development Site

Vacant Land for Sale
Catylist Listing ID: 30762738
Property Subtypes: Multi-Family, Retail, Self Storage, Other
Gross Land Area: 32,620 SF
Sale Price: $1,630,000
Unit Price: $49.97 PSF
In Opportunity Zone? Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/24/2021

Overview / Comments

Vacant land with approximately 32,620 square feet located one block off Canal Street and Claiborne Avenue. Currently fenced and gated and utilized as a parking lot. Potential for significant opportunity zone development steps from French Quarter, CBD, and Bio-District. The property has tri-street frontage along Iberville Street, North Derbigny Street, and North Roman Street.

Central and accessible location that would make a great staging site for Hurricane Ida related construction. Potential for short term lease with neighboring 62,000 square foot site fronting Canal Street.

Buyer to verify zoning restrictions and site area.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41017978
Zoning: HU-RD2
Property Located Between: Bienville & Iberville
Largest Nearby Street: Canal St.
Feet of Frontage: 218
Lot Frontage: 218
Lot Depth: 111
Zoning Description: Historic Urban Two-Family Residential District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,817 202,861 402,581
Median Age: 36.07 35.94 36.98
Households: 9,856 88,313 170,473

Contact

Photograph of Listing Agent

S. Parkerson McEnery

The McEnery Company Inc Mandeville, LA 70471
LACDB Member
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