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Zoned Residential Development Lot
For Sale
$40,000

523 Magellan Street, New Orleans, LA 70114

Vacant lot in Old Algiers, zoned HU-RD2 for single-family or small two-family homes.

Property Size303 SF
Price / SF$132.01
Days on Market130

Property Features for 523 Magellan Street

General Information

Standard status Active
Size 303 SF
Property subtype Land
Zoning HU-RD2
Listing Agency: Samantha Bush Real Estate Services LLC
Listed By: Inez Thibodeaux · License #995698576
Source: Compass
Added: Apr 2 Changed: Aug 8 Last Checked: Apr 2 at 8:37PM

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 Samantha Bush Real Estate Services LLC

Investment Insights

Based on property information with market context.

This offering is a residential land lot in Old Algiers. The property is zoned HU-RD2, which allows single-family or small two-family homes, subject to verification of zoning ordinances through the City of New Orleans zoning website.

The lot is described as being conveniently located just minutes from the Algiers Point Ferry and downtown New Orleans.

For sale as vacant residential land, this site provides a straightforward option for buyers looking to build within the stated HU-RD2 zoning framework.

Key Highlights

  • Vacant lot in Old Algiers
  • Zoned HU‑RD2, allowing single‑family or small two‑family homes
  • Conveniently located just minutes from the Algiers Point Ferry and downtown New Orleans

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Skin Care Clinic Hair Salon

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

562
Businesses Nearby

Demographics for 70114, LA

23,127
Population
11,860
Households
2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,535
Density / Sq Mi
$41,435
Median Household Income
$31,743
Median Earnings
$1,113
Median Rent
$194,100
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 - Vacant lot in Old Algiers, zoned HU-RD2 for single-family or small two-family homes.
Where is this residential land & home lot located?
The property is located at 523 Magellan Street New Orleans, LA.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Vacant lot in Old Algiers; Zoned HU‑RD2, allowing single‑family or small two‑family homes; Conveniently located just minutes from the Algiers Point Ferry and downtown New Orleans
More about this property
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