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    1231 Eliza St New Orleans, LA 70114

    For Sale
    $75,000

    Vacant Land - New Orleans, LA

    Property size:
    5,469 SF
    Lot size:
    0.13 Acres
    Days on Market:
    153
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 1231 Eliza St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Hu-mu
    Size
    5,469 SF
    Lot size
    0.13 Acres

    Building Details

    Architectural style
    Other

    Rêve | Realtors (504) 300-0700 [email protected]

    Listing agent John Cody Stringer (504) 300-0700

    Listing date Jul 7, 2025

    MLS# 2510699 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Land in Algiers Point

    This vacant lot, with a depth of 175 feet, offers views of downtown New Orleans and the Crescent City Connection, with the potential for Mississippi River views. Zoned HU-MU and located outside of HDLC restrictions, the property presents an opportunity for building a home, investment property, or spec build at the entrance of historic Algiers Point. There are also five adjoining land parcels with the same dimensions and zoning available for sale on Eliza Street. The location is near Algiers Point bars, restaurants, and coffee shops, approximately half a mile from the Mississippi River levee bike path, and less than a mile from the Algiers/Canal Street Ferry Terminal, providing access to the French Quarter. The lot size is 0.1256 acres, equivalent to 5469 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0440011
    Latitude
    29.9500269

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    FAQs

    What type of property is this?
    Land - Vacant lot near Algiers Point with downtown views.
    Where is this land located?
    The property is located at 1231 Eliza St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - 175' deep vacant lot offering exceptional views of Downtown and the Crescent City Connection, with potential Mississippi River views.; - HU-MU zoning outside HDLC restrictions provides flexible building options.; - Located at the entrance of Historic Algiers Point.
    (504) 300-0700
    Request Owner's contact information
    1231 Eliza St New Orleans, LA 70114
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    New Orleans, LA 70114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1231 Eliza St New Orleans, LA 70114
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