DEVELOPMENT SITE FOR SALE

Vacant Land for Sale
Also listed as Industrial
Catylist Listing ID: 30352977
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 1.28 Acres
Sale Price: $25 PSF
Total Price: $1,393,920
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/12/2019

Overview / Comments

LAND AREA
1.28 acres +/- of land bounded by Ponchartrain Expressway/Earhart Boulevard, South Robertson Street, Clio Street and Freret Street

BUILDING AREA
5,000 sq. ft. clearspan, ground level warehouse built in 2009 with loading via two 12’ x 16’ overhead doors; paved/fenced yard area.

ADDITIONAL
Zoned C-2 (Auto-Oriented Commercial District). Future land use development is GC (General Commercial). Close proximity to Home Depot, Smoothie King Center and Mercedes Benz Superdome. Slab of former warehouse remains; billboard and cell tower income available upon request. Property is located in Louisiana Opportunity Zone, which incentivizes investors by deferring and lowering capital gains taxes, depending on length of holding period.

SALE PRICE $25.00 per square foot of land area (to be verified by survey)

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41032143

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,196 203,145 400,523
Median Age: 34.8 35.87 37.2
Households: 10,219 88,892 169,466

Contact

Photograph of Listing Agent

James K. M. Newton, IV

Max J Derbes Inc New Orleans, LA 70123-3229
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.