Uptown Vacant Lot For
For Sale
$849,000
5000 Magazine Street, New Orleans, LA 70115
Corner lot in Uptown with commercial and residential development potential.
Property Size4,200 SF
Price / SF$202.14
Days on Market947
Property Features for 5000 Magazine Street
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Land
Zoning
HU-B1
Site & Location
Neighborhood
West Riverside
Amenities
Water
Sewer
Listing Agency:
ben + burka
Listed By:
Aaron Kazanoff · License #0995700882
(504) 301-1002
Source:
Lacdb.resimplifi
Added: Mar 21, 2024
Changed: Oct 16
Last Checked: Oct 23 at 3:34AM
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 ben + burka
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Investment Insights
Based on property information with market context.
This expansive vacant lot, situated at the corner of Magazine and Robert Streets, benefits from high visibility and accessibility in the Uptown neighborhood. Zoned HU-B1, the property offers development potential for commercial, mixed-use, and residential projects. The lot allows for a three-story building of 40’ with no off-street parking required. Numerous local restaurants, retailers and schools are in close proximity, including Tito’s Ceviche & Pisco, Pizza Domenica, St. Katharine Drexel Preparatory School, etc. Buyer to verify permitted use.
Key Highlights
- Prime location at the corner of Magazine and Robert Streets in Uptown, offering maximum visibility and accessibility.
- HU‑B1 zoning allows for diverse commercial, mixed‑use, and residential development opportunities.
- Potential for a three‑story building up to 40 feet in height.
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,547
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner lot in Uptown with commercial and residential development potential.
Where is this commercial land located?
The property is located at 5000 Magazine Street New Orleans, LA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Prime location at the corner of Magazine and Robert Streets in Uptown, offering maximum visibility and accessibility.; HU‑B1 zoning allows for diverse commercial, mixed‑use, and residential development opportunities.; Potential for a three‑story building up to 40 feet in height.
