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    2405 St. Claude Ave New Orleans, LA 70117

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    For Sale
    $1,000,000

    Developable site in a vibrant commercial and residential area.

    Property size:
    12,327 SF
    Lot size:
    12.00 Acres

    Property Features for 2405 St. Claude Ave

    General Information

    Size
    12,327 SF
    Lot size
    12.00 Acres

    Source: Duff Friend Agent Duff Friend

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

    Overview

    Developable Land in Vibrant Area

    This vacant ground developable site is accessible from both St. Claude Avenue and St. Roch. The area has undergone redevelopment in both the commercial and residential sectors, fostering a vibrant music, food, and arts scene. The property is suitable for development into office, retail, residential, or mixed-use spaces. It has HMC-2 zoning and is located in a vibrant restaurant and arts area. The property size is 12327 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0302
    Latitude
    29.9695

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    FAQs

    What type of property is this?
    Land - Developable site in a vibrant commercial and residential area.
    Where is this land located?
    The property is located at 2405 St. Claude Ave New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Great development site.; - Developable site with HMC-2 zoning allowing for office, retail, residential, or mixed-use development.; - Located in a vibrant restaurant and arts area experiencing commercial and residential redevelopment.
    (504) 909-7351
    Request Owner's contact information
    2405 St. Claude Ave New Orleans, LA 70117
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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
    2405 St. Claude Ave New Orleans, LA 70117
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