CBD Parking Lot For Purchase - Zoned CBD-1

Vacant Land for Sale
Catylist Listing ID: 30858407
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 18,292 SF
Sale Price: $1,475,000
Unit Price: $80.64 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/12/2024

Overview / Comments

Rare opportunity to acquire a CBD-1 zoned 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 $81 per SF.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Taxing Authority: Orleans Parish
Tax ID/APN: 102106406
Zoning: CBD-1
Property Located Between: Howard Avenue & Calliope Street
Property Visibility: Excellent
Largest Nearby Street: Pontchatrain Expressway
Feet of Frontage: 117
Zoning Description: CDB-1 Core Central Business District
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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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


Photograph of Listing Agent

Cameron Griffin

The McEnery Company Inc New Orleans, LA 70112
LACDB Member
Photograph of Listing Agent

Rami Khodr

The McEnery Company Inc New Orleans, LA 70112
LACDB Member
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