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    2813 Martin Luther King Junior Blvd New Orleans, LA 70113

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    For Sale
    $565,000

    Large C-1 zoned lot near downtown New Orleans.

    Property size:
    20,000 SF
    Lot size:
    20.00 Acres

    Property Features for 2813 Martin Luther King Junior Blvd

    General Information

    Size
    20,000 SF
    Lot size
    20.00 Acres

    Source: Henry Shortess Agent Henry Shortess

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

    Overview

    Development Opportunity on Martin Luther King

    This property offers the opportunity to own nearly an entire city block at 2813 Martin Luther King Jr Blvd. The site, formerly 7 contiguous lots, is located in an Opportunity Zone and zoned C-1, making it suitable for commercial or residential development. It features frontage on Martin Luther King Jr Blvd and Willow Street. The land is located close to South Claiborne Avenue and in direct proximity to the downtown area of New Orleans. The property has a size of 20000 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0828
    Latitude
    29.9429

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    FAQs

    What type of property is this?
    Land - Large C-1 zoned lot near downtown New Orleans.
    Where is this land located?
    The property is located at 2813 Martin Luther King Junior Blvd New Orleans, LA.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: - Opportunity Zone location offers potential tax benefits for developers.; - Large site comprising nearly an entire city block provides ample development space.; - Favorable C-1 zoning allows for diverse commercial or residential development options.
    (225) 963-0115
    Request Owner's contact information
    2813 Martin Luther King Junior Blvd New Orleans, LA 70113
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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
    2813 Martin Luther King Junior Blvd New Orleans, LA 70113
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