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Vacant Development Land Parcel

4240 Magnolia St, New Orleans, LA 70115

For Sale
$600,000

Vacant land in Uptown New Orleans well-positioned for office, medical, or multifamily development near major corridors.

Property SizeContact for details
Days on Market167

Property Features for 4240 Magnolia St

General Information

Standard status Active
Property subtype Land
Zoning HU-B1

Site & Location

Neighborhood Milan

Amenities

Vacant
Listing Agency: The McEnery Company Inc
Listed By: Louis LeBourgeois IV · License LA SALE.995700438-ACT
Source: Lacdb.resimplifi
Added: Jun 1 Changed: Nov 8 Last Checked: Nov 14 at 2:15AM

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 The McEnery Company Inc

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Investment Insights

Based on property information with market context.

4240 Magnolia Street is a vacant development land parcel in Uptown New Orleans. The site is positioned for adaptive planning by office, medical, multifamily, and other investment-oriented users looking to build on an undeveloped tract.

The property’s placement near Napoleon Avenue, Freret Street, and the Ochsner Baptist Medical Campus places it within reach of established commercial and institutional demand. The area is described as being surrounded by recent investment, with nearby uses including retail along Freret Street and the Josephine event venue, along with proximity to medical offices connected to the Ochsner Baptist Medical Campus.

For developers and tenants seeking a site to design around their operating needs, the parcel offers flexibility for planned uses such as office or medical, and also supports multifamily development. Its location near multiple activity centers and established corridors can be advantageous for businesses serving both day-to-day customers and institutional traffic.

Key Highlights

  • Vacant land in Uptown New Orleans at 4240 Magnolia Street
  • Development opportunity near Napoleon Avenue, Freret Street, and the Ochsner Baptist Medical Campus
  • Suitable for office, medical, multifamily, or investment‑oriented uses

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Building Supply Law Firm Kitchen & Bath Showroom Big Box & Wholesale Store Electrical Service HVAC Service

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

1,672
Businesses Nearby

Demographics for 70115, LA

31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Commercial land in New Orleans, LA

$175 Jul
$448 Aug
$225 Sep
$175 Oct

Properties on Market for Commercial land in New Orleans

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant land in Uptown New Orleans well-positioned for office, medical, or multifamily development near major corridors.
Where is this commercial land located?
The property is located at 4240 Magnolia St New Orleans, LA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Vacant land in Uptown New Orleans at 4240 Magnolia Street; Development opportunity near Napoleon Avenue, Freret Street, and the Ochsner Baptist Medical Campus; Suitable for office, medical, multifamily, or investment‑oriented uses
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