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Residential Development Lot
For Sale
$162,000

2518 Ursulines Avenue, New Orleans, LA 70119

Large residential lot near the French Quarter with nearby newly completed construction.

Property Size2 SF
Price / SF$81,000
Days on Market761

Property Features for 2518 Ursulines Avenue

General Information

Standard status Active
Size 2 SF
Property subtype Land
Zoning Res
Listing Agency: Falaya
Listed By: Barret Blondeau · License #0995700468
Source: Compass
Added: Jul 13, 2024 Changed: Aug 8 Last Checked: Aug 8 at 5:56PM

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 Falaya

Investment Insights

Based on property information with market context.

This is a large residential development lot located just off Broad in the Treme/Esplande Ridge neighborhood. The adjacent property has recently completed construction, and the seller indicates they could build a new home for the buyer if desired.

The lot is located about 1.5 miles from the French Quarter, placing it within close reach of key area amenities. Because it is near other development activity, it may be a strong fit for buyers looking to join an established block.

The property is offered for sale as land only, providing flexibility for a buyer to plan their own residential improvements.

Key Highlights

  • Large residential lot located in the Treme/Esplande Ridge neighborhood, just off Broad
  • About 1.5 miles from the French Quarter
  • New construction next door was completed recently

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Pet Grooming Service Fish Market

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

Location Intelligence

Trade Area within ½ mile

1,357
Businesses Nearby

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large residential lot near the French Quarter with nearby newly completed construction.
Where is this residential land & home lot located?
The property is located at 2518 Ursulines Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $162,000.
What are key features of this property?
This property features: Large residential lot located in the Treme/Esplande Ridge neighborhood, just off Broad; About 1.5 miles from the French Quarter; New construction next door was completed recently
More about this property
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