Parking Lot / Development Site near Poydras and Loyola

Vacant Land for Sale
Catylist Listing ID: 30851774
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 34,424 SF
Sale Price: $10,500,000
Unit Price: $305.02 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/21/2024

Overview / Comments

Prime development site cleared and ready for immediate development - currently used as a parking lot. Located one block off of Poydras Street and Loyola Avenue.

Zoning allows for a 185-foot height limit (15 floors).

Great location near the Superdome, numerous hotels, restaurants and office towers.

Next to the South Market Development with upscale apartments, condos, restaurants and retail amenities.

Easy access to I-10

Next to Energy Center, BankPlus Tower, and Entergy Headquarter Building

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 103105216
Zoning: CBD-1
Property Located Between: O'Keefe Avenue and S. Rampart Street, Lafayette St. and Poydras Street
Property Visibility: Excellent
Legal Description: First District, Sq. 272, Lots 1-8, 1,2,11 & 16 facing O'Keefe and Sq. 272, Lots 17-24 facing S. Rampart Street
Largest Nearby Street: Poydras Street
Feet of Frontage: 245
Highway Access: I-10
Area Description: Central CBD location. Easy walk to the Superdome, the Arena, the Convention Center and the French Quarter
Zoning Description: CBD-1
Development Name: Parking Lot - 126 parking spaces

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,992 195,770 408,551
Median Age: 38.32 35.81 37
Households: 10,043 84,913 171,280

Contact

Photograph of Listing Agent

Barry H Spizer

SRSA Commercial Real Estate Metairie, LA 70002
LACDB Member
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