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$ 4,000,000
Est. payment | /mo
1.24 Acres Lot
$ 4,000,000
Est. payment | /mo
1.24 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2562121
HOA Y/N No
Lot Size 1.240 Acres
Acres 1.24
Property Description
Offered for sale for the first time in over 50 years, this ±1.25-acre MU-2 zoned urban infill development site is located in the heart of the Lower Garden District. Adjacent to the transformative 40-acre River District development—planned to include new housing, retail, office, hospitality, entertainment, green space, and over $1 billion in projected economic impact—the property is well suited for multifamily, commercial, industrial, or mixed-use redevelopment.
The site is priced significantly below a recent appraisal and features approximately ±320' of frontage along Religious Street, ±190' along Orange Street, and ±160' along Richard Street. The permissive MU-2 zoning allows for a wide range of uses including office, retail, warehousing, fast food, manufacturing, multifamily development, etc.
Located minutes from Downtown New Orleans, the property is in close proximity to The Commissary, the new Shell headquarters, Mardi Gras World, the Ernest N. Morial Convention Center, Race & Religious, and numerous other restaurants, attractions, and destinations throughout the LGD and surrounding neighborhoods.
The site is priced significantly below a recent appraisal and features approximately ±320' of frontage along Religious Street, ±190' along Orange Street, and ±160' along Richard Street. The permissive MU-2 zoning allows for a wide range of uses including office, retail, warehousing, fast food, manufacturing, multifamily development, etc.
Located minutes from Downtown New Orleans, the property is in close proximity to The Commissary, the new Shell headquarters, Mardi Gras World, the Ernest N. Morial Convention Center, Race & Religious, and numerous other restaurants, attractions, and destinations throughout the LGD and surrounding neighborhoods.
Location
State LA
County Orleans
Zoning MU-2
Interior
Fireplace No
Exterior
Utilities Available None, Sewer Not Available
Water Access Desc Public
Building
Lot Description 1 to 5 Acres, Corner Lot, City Lot, Oversized Lot
Sewer None
Water Public
Others
Tax ID 41221021
Special Listing Condition None
Listed by Ben & Burka
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