Mixed-Use Zoned Development
For Sale
$185,000
642 Saint James St, New Orleans, LA 70130
Vacant lot zoned MU-2, located near Magazine Street and the river, for buyers planning a new build.
Property SizeContact for details
Days on Market111
Property Features for 642 Saint James St
General Information
Standard status
Active
Property subtype
Land
Zoning
MU-2
Additional Details
Opportunity Zone
Yes
Listing Agency:
REVE, REALTORS
(504) 975-0649
Listed By:
Kelleye Rhein · License #0995687228
(504) 975-0649
Source:
Exprealty
Added: May 5
Changed: Aug 8
Last Checked: Jul 16 at 7:19PM
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
Investment Insights
Based on property information with market context.
This is a vacant, ready-to-build development lot in the Lower Garden District. The property is being offered for sale as residential land and a home lot, with the intent for a buyer to construct a new project. The listing notes the site may qualify for Opportunity Zone benefits, though the buyer should verify eligibility and any applicable requirements.
The lot is described as being ideally located just steps from Magazine Street and the river. Zoning is identified as MU-2, and the buyer is explicitly instructed to verify all zoning and development details prior to proceeding.
For developers, builders, and owner-users considering a new construction plan, the MU-2 zoning designation provides a starting point for feasibility review. Because the listing emphasizes that buyers should confirm zoning and development details, prospective purchasers should conduct their own due diligence regarding permitted uses, site plan requirements, and Opportunity Zone qualification before committing to design, permitting, or construction timelines. The property’s proximity to Magazine Street and the river may also be a practical consideration for projects seeking a location near established local destinations.
The lot is described as being ideally located just steps from Magazine Street and the river. Zoning is identified as MU-2, and the buyer is explicitly instructed to verify all zoning and development details prior to proceeding.
For developers, builders, and owner-users considering a new construction plan, the MU-2 zoning designation provides a starting point for feasibility review. Because the listing emphasizes that buyers should confirm zoning and development details, prospective purchasers should conduct their own due diligence regarding permitted uses, site plan requirements, and Opportunity Zone qualification before committing to design, permitting, or construction timelines. The property’s proximity to Magazine Street and the river may also be a practical consideration for projects seeking a location near established local destinations.
Key Highlights
- Vacant lot zoned MU‑2, ready for a new build
- Located near Magazine Street and the river
- May qualify for Opportunity Zone benefits (buyer to verify)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,366
Businesses Nearby
Explore this area
Business Placement
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot zoned MU-2, located near Magazine Street and the river, for buyers planning a new build.
Where is this residential land & home lot located?
The property is located at 642 Saint James St New Orleans, LA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Vacant lot zoned MU‑2, ready for a new build; Located near Magazine Street and the river; May qualify for Opportunity Zone benefits (buyer to verify)
