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Construction-Ready Residential Land
For Sale
$790,000

500 Andrews Ave, Metairie, LA 70005

Construction-ready lot currently zoned for four townhome lots, with flexibility to pursue a single-family layout.

Property Size10,997 SF
Lot Size0.25 Acres
Price / SF$71.84
Days on Market92
Rey
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Property Features for 500 Andrews Ave

General Information

Standard status Active
Size 10,997 SF
Lot size 0.25 Acres
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: 1 Percent Lists
Listed By: Service 1st Real Estate
Source: Service1stre
Added: Jul 16 Changed: Oct 15 Last Checked: Oct 14 at 10:44PM

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 1 Percent Lists

Investment Insights

Based on property information with market context.

This construction-ready residential land parcel offers a unique building opportunity in Old Metairie. The lot is currently zoned as a parcel of four townhome lots, with the possibility to re-subdivide for a single-family home. Buyer should confirm feasibility of any re-subdivision options, including applicable costs, and verify all measurements and information within the inspection period, as measurements are approximate and based on an attached survey.

The property is described as having potential options for orientation toward Andrews Ave or the Canal St Linear Park, which includes a lighted and landscaped trail path. The listing notes the lot is in an X Flood Zone and provides convenient access to Metairie Rd, Veterans, Downtown New Orleans, I-10, and I-610.

Key Highlights

  • 10,997 SF construction‑ready lot in Old Metairie
  • Currently zoned as a parcel of four townhome lots; may be subdivided for a single‑family home (buyer to confirm and re‑subdivision costs)
  • Possible frontage views on Andrews Ave or the Canal St Linear Park with a lighted and landscaped trail path

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Building Supply Hotel & Motel Food 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,607
Businesses Nearby

Demographics for 70005, LA

25,431
Population
12,447
Households
2
Avg Household Size
45
Median Age
50%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
6,055
Density / Sq Mi
$86,048
Median Household Income
$53,258
Median Earnings
$1,160
Median Rent
$381,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Construction-ready lot currently zoned for four townhome lots, with flexibility to pursue a single-family layout.
Where is this residential land & home lot located?
The property is located at 500 Andrews Ave Metairie, LA.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: 10,997 SF construction‑ready lot in Old Metairie; Currently zoned as a parcel of four townhome lots; may be subdivided for a single‑family home (buyer to confirm and re‑subdivision costs); Possible frontage views on Andrews Ave or the Canal St Linear Park with a lighted and landscaped trail path
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