123 S BROAD ST- Opportunity Zoned - Vacant Land

Vacant Land for Lease
Catylist Listing ID: 30573929
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 11,957 SF
Lease Rate: $2,500 (Monthly)
$2.51 PSF (Annual)
Lease Types: Ground Lease
In Opportunity Zone? Yes
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

Lease Price: $2,500 / month
Sale Price: $575,000 | $48.09 per SF

General Comments: The subject is a vacant piece of land located in an Opportunity Zone in the Bio-District and a great redevelopment site right off of Canal and Broad Street.

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

Zoning: HU-MU | Historic Urban Mixed Use

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
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, etc.
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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