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    1500 Cleveland Ave New Orleans, LA 70112

    For Sale
    $250,000

    Commercial - New Orleans, LA

    Property size:
    1,900 SF
    Days on Market:
    86
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 1500 Cleveland Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Cbd-7
    Size
    1,900 SF

    Building Details

    Architectural style
    Other

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

    Listing agent Zachary Russell (504) 300-0700

    Listing date Sep 12, 2025

    MLS# 2520059 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

    CBD Corner Lot Near Quarter

    This prime corner lot is located in the Central Business District of New Orleans, just four blocks from the French Quarter. The property is zoned CBD-7, allowing for a structure that can be as tall as the surrounding buildings and extend to the edges of the land. The lot is directly across from Tulane Medical Center and adjacent to a parking lot. With 1,900 square feet of space, the zoning allows for construction up to 12 stories high, or 22,000 square feet, depending on the type of construction and other parameters.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0763395
    Latitude
    29.956399

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial corner lot in New Orleans' Central Business District.
    Where is this commercial land located?
    The property is located at 1500 Cleveland Ave New Orleans, LA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime corner lot location in the CBD, just 4 blocks from the French Quarter.; - CBD-7 zoning allows for flexible development options.; - Directly across from Tulane Medical Center.
    (504) 300-0700
    Request Owner's contact information
    1500 Cleveland Ave New Orleans, LA 70112
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    New Orleans, LA 70112
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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
    1500 Cleveland Ave New Orleans, LA 70112
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