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Downtown Development Site with Parking
For Sale
Contact for pricing
Pending

1515 Canal St, New Orleans, LA 70112

Improved surface parking and a double-face billboard structure on a downtown block fronting three streets.

Property SizeContact for details
Days on Market124

Property Features for 1515 Canal St

General Information

Standard status Pending
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Opportunity Zone Yes
Listing Agency: Don Randon Real Estate, Inc.
Listed By: Randy Argote · License #LA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 12 at 12:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Don Randon Real Estate, Inc.

Investment Insights

Based on property information with market context.

This downtown development site is improved for surface parking and includes a double-face billboard structure as part of the offering. The property is located in an Opportunity Zone, and height for new development is limited only by a FAR of 12.

The site fronts three surrounding streets of the block: N. Villere, Iberville, and Marais. It is also described as visible from I-10, just a few blocks from the French Quarter and the University and VA Medical Centers.

Public-pay parking has only recently begun, and financials for the parking operation are not available in the public remarks. Interested parties are encouraged to review the property brochure and the zoning ordinance linked under Attachments & Media for additional development details.

Key Highlights

  • Downtown development site fronting Canal Street and visible from I‑10, a few blocks from the French Quarter and University & VA Medical Centers
  • Improved for surface parking and fronts three surrounding streets: N. Villere, Iberville, and Marais
  • Includes a double‑face billboard structure with the offering

Property Analytics

Current Use

New Orleans Roofing ... Roofing Company

Suggested Use

Top Pick Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store HVAC Service Nursing Home Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

7,697
Businesses Nearby

Demographics for 70112, LA

4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Improved surface parking and a double-face billboard structure on a downtown block fronting three streets.
Where is this commercial land located?
The property is located at 1515 Canal St New Orleans, LA.
What are key features of this property?
This property features: Downtown development site fronting Canal Street and visible from I‑10, a few blocks from the French Quarter and University & VA Medical Centers; Improved for surface parking and fronts three surrounding streets: N. Villere, Iberville, and Marais; Includes a double‑face billboard structure with the offering
More about this property
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