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    3020-3032 Saint Claude Ave New Orleans, LA 70117

    For Sale
    $750,000

    Rare opportunity to invest in a high-demand, historic New Orleans corridor.

    Lot size:
    0.61 Acres

    Property Features for 3020-3032 Saint Claude Ave

    General Information

    Lot size
    0.61 Acres

    Source: ben + burka Agent Aaron Kazanoff

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

    Overview

    Historic Corridor Redevelopment Opportunity

    The properties at 3020-3032 St. Claude Avenue offer a unique investment opportunity in a high-demand, historic corridor of New Orleans. This package spans over half an acre and features approximately 110 feet of frontage. It includes three vacant and gutted buildings with generous rear yard space, making it ideal for a transformative commercial or hospitality project. Approved architectural plans for a boutique hotel are available, and the seller has secured SHPO clearance for historic tax credits, streamlining the development process. The site features historic detailing throughout and is commercially zoned. It is located near local hotspots such as Saint Germain, N7, Galaxie Taco, and Saturn Bar, positioning it for revitalization. Note that the properties will only be sold together as a package. Additional details on architecture, plans, and approvals are available upon request.
    Location Intelligence

    Current Use by Public Records

    Hotels

    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
    -90.0454947
    Latitude
    29.9677679

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    FAQs

    What type of property is this?
    Hotel - Rare opportunity to invest in a high-demand, historic New Orleans corridor.
    Where is this hotel located?
    The property is located at 3020-3032 Saint Claude Ave New Orleans, LA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Approved architectural plans for a boutique hotel included.; - Secured SHPO clearance for historic tax credits.; - Located on a high-demand, historic corridor in New Orleans.
    (512) 799-3069
    Request Owner's contact information
    3020-3032 Saint Claude Ave New Orleans, LA 70117
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    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
    3020-3032 Saint Claude Ave New Orleans, LA 70117
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