123 S BROAD AVE- Opportunity Zone - Vacant Land

Vacant Land for Sale
Catylist Listing ID: 30572751
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 11,957 SF
Sale Price: $575,000
Unit Price: $48.09 PSF
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/7/2021

Overview / Comments

Location: 123 S Broad Street | New Orleans | LA | Mid-City District

Dimensions: +/- 11,957 total SF | 2 LOTS 16 and 17 | 31' 3'' X 191- each lot

Sale Price: $575,000 | $48.09 per SF

General Comments: This Opportunity Zone tract has a strong urban infill location just off Canal Street in the Bio-District.

Zoning: HU-MU | Historic Urban Mixed Use

Permitted Use: Permitted uses include office, retail, short term rentals, multi-family dwellings, animal hospital, catering kitchen, financial institution, health club, medical/dental clinic, microbrewery, public market, restaurant, artisan manufacturing, and more.

Please contact Seph Babington (504) 352-5234 or Cameron Griffin (504) 535-5680

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41212453
Zoning: HU-MU
Property Located Between: Canal Street and Broad Street
Property Visibility: Excellent
Legal Description: Property Description: SQ 607 LOTS 16 17 BROAD 31' 3'' X 191' EACH M/A CHANGED 1-12-04 GeoPIN: 41212453 Tax Bill ID: 105202915 Lot: 16 BLOCK: 607 PARID: 123-SBROADST
Largest Nearby Street: Canal Street
Feet of Frontage: 626
Traffic/Vehicle Count: 23,244
Highway Access: +/- 0.62 Miles Away from Interstate 10
Lot Frontage: 62.6
Lot Depth: 191
Zoning Description: HU-MU | Historic Urban Mixed Use :Permitted Use: Permitted uses include office, retail, short term rentals, multi-family dwellings, animal hospital, c
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 28,769 204,291 402,239
Median Age: 33 36.6 37.14
Households: 10,991 89,851 172,089


Photograph of Listing Agent

S. Parkerson (Parke) McEnery

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

Cameron Griffin

The McEnery Company Inc
New Orleans, LA
LACDB Member
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