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Corner Development Lot with 120' Frontage

4707 Magazine St, New Orleans, LA 70115

For Sale
$3,950,000

Commercial corner parcel with 120 feet of Magazine Street frontage and HU-B1 zoning, comprised of two lots of record.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market160

Property Features for 4707 Magazine St

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype Land
Zoning HU-B1

Site & Location

Neighborhood Uptown
Road Access Yes
Listing Agency: Reve REALTORS
Listed By: Tracey Moore · License LA #73376
Source: Lacdb.resimplifi
Added: Jun 8 Changed: Nov 4 Last Checked: Nov 14 at 2:01AM

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 Reve REALTORS

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Investment Insights

Based on property information with market context.

This offering is a commercial corner lot on Magazine Street with 120 feet of frontage. The parcel consists of two individual lots of record: one lot measuring 90 by 90 and a second lot measuring 30 by 90, for a combined land area of 10,800 square feet. The property is zoned HU-B1, as reflected by the City of New Orleans zoning reference provided with the listing.

The site is located on Magazine Street at the corner of Valence Street. The listing notes that Magazine Street functions as a primary walking and cycling environment with nearby contiguous retail, dining, and service establishments. It is also identified as being along the Magazine Street parade route. The remarks further indicate walking distance to La Boulangerie, Pizza Dominica, La Petite Grocery, galleries, shopping, and the St. Charles Avenue streetcar.

For developers and operators seeking a highly walkable retail corridor presence, this corner configuration and HU-B1 zoning may support mixed-use planning aligned with the neighborhood’s commercial orientation. The split-lot structure can also be useful for projects that benefit from clear lot lines while still controlling a single corner site.

Key Highlights

  • 120 ft of frontage on Magazine St., located on the corner of Magazine St. and Valence St.
  • Two lots of record: 90 x 90 and 30 x 90, for a total land area of 10,800 SF.
  • Commercial corner parcel zoned HU‑B1 (per city zoning reference).

Property Analytics

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Open Analytics

Suggested Use

Top Pick HVAC Service Accounting Firm Building Supply Food Market Auto Parts Store Barber Shop

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
Paved road access

Location Intelligence

Trade Area within ½ mile

1,714
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 - Commercial corner parcel with 120 feet of Magazine Street frontage and HU-B1 zoning, comprised of two lots of record.
Where is this commercial land located?
The property is located at 4707 Magazine St New Orleans, LA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 120 ft of frontage on Magazine St., located on the corner of Magazine St. and Valence St.; Two lots of record: 90 x 90 and 30 x 90, for a total land area of 10,800 SF.; Commercial corner parcel zoned HU‑B1 (per city zoning reference).
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