CBD Parking Lot For Purchase

Vacant Land for Sale
Sale Pending/Contingent
Also listed as Business Opportunity, Multi-Family
Catylist Listing ID: 30786939
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Vacation/Resort, Other
Status: Pending/Contingent
Gross Land Area: 18,292 SF
Sale Price: $1,750,000
Unit Price: $95.67 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/28/2022

Overview / Comments

Rare opportunity to acquire a CBD-1 zoned 67 space parking lot located in a Qualified Opportunity Zone. Significant parking lot revenue potential as an interim use, and attractive pricing on CBD-1 zoned land at less than $100 per SF.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41181087
Zoning: CBD-1
Property Located Between: Calliope & Howard
Property Visibility: Excellent
Largest Nearby Street: Pontchatrain Expy.
Feet of Frontage: 117
Highway Access: Adjacent to I-10 and the Pontchartrain Expressway Entrance
Airports: MSY
Lot Frontage: 117
Zoning Description: CBD-1 Core Central Business District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,546 202,543 404,456
Median Age: 36.95 35.82 37.04
Households: 11,538 88,135 169,558

Contact

Photograph of Listing Agent

S. Parkerson McEnery

The McEnery Company Inc Mandeville, LA 70471
LACDB Member
Photograph of Listing Agent

Pat Browne III

The McEnery Company Inc Mandeville, LA 70471
LACDB Member
Photograph of Listing Agent

Gordon McLeod

The McEnery Company Inc Mandeville, LA 70471
LACDB Member
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