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    4321 Paris Ave New Orleans, LA 70122

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    For Sale
    $300,000

    Corner lot in residential neighborhood, near City Park and UNO.

    Property size:
    16,000 SF
    Lot size:
    16.00 Acres

    Property Features for 4321 Paris Ave

    General Information

    Size
    16,000 SF
    Lot size
    16.00 Acres

    Source: James Barse, CCIM, SIOR Agent James Barse, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot in Opportunity Zone

    This corner lot offers approximately 16,000 square feet of space with 160 feet of frontage on Paris Avenue. The property is zoned S-B1 and is located within an Opportunity Zone. Situated in a residential neighborhood, the lot is less than 5 minutes from City Park, Brother Martin High School, and the University of New Orleans.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0736262
    Latitude
    30.0010181

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    FAQs

    What type of property is this?
    Land - Corner lot in residential neighborhood, near City Park and UNO.
    Where is this land located?
    The property is located at 4321 Paris Ave New Orleans, LA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Opportunity Zone location; - **±16,000 SF Corner Lot**; - Zoned S-B1
    (504) 439-9376
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    4321 Paris Ave New Orleans, LA 70122
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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
    4321 Paris Ave New Orleans, LA 70122
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