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    2413 Perdido St New Orleans, LA 70119

    Sponsored
    For Sale
    $599,000

    High-intensity mixed-use redevelopment opportunity.

    Property size:
    14,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 14,400 square foot lot, located at 2413 Perdido Street in New Orleans, Louisiana, presents a unique redevelopment opportunity. Currently configured as a gated parking lot accommodating 52 vehicles, the property is situated in a prime Mid-City location, just one block from Poydras Street, between the Downtown and Mid-City areas. The lot measures 120 feet by 120 feet and is zoned MU-2, allowing for high-intensity mixed-use development. Detailed zoning information and a site plan are available. The asking price is $599,000, translating to $41.60 per square foot. This property is designated as a Federal Opportunity Zone, offering significant investment incentives. The area boasts a strong presence of medical facilities, including the VA Hospital and University Medical Center, as well as residential complexes like The Marquis and Falstaff Apartments, and commercial businesses such as Granger and CubeSmart Self Storage. The property is currently vacant and available for lease at a monthly rate ranging from $3,500 to $5,000, depending on the intended use and lease term. This presents a compelling investment opportunity for owner-users seeking redevelopment potential in a thriving New Orleans neighborhood.

    Property Features for 2413 Perdido St

    General Information

    Property type
    Multifamily properties
    Square Feet
    14,400 SF

    HighLights

    • 14,400 SF lot at 2413 Perdido St, New Orleans, LA.
    • 52‑car gated parking lot, one block from Poydras St.
    • MU‑2 zoning allows high‑intensity mixed‑use development.
    • $599,000 asking price ($41.60/SF).
    • Located in a Federal Opportunity Zone.
    • Prime Mid‑City location near medical facilities, residential complexes, and businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.089032
    Latitude
    29.958256

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    FAQs

    What type of property is this?
    Multifamily property - High-intensity mixed-use redevelopment opportunity.
    Where is this multifamily property located?
    The property is located at 2413 Perdido St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 14,400 SF lot at 2413 Perdido St, New Orleans, LA.; 52-car gated parking lot, one block from Poydras St.; MU-2 zoning allows high-intensity mixed-use development.
    Request Owner's contact information
    2413 Perdido St New Orleans, LA 70119
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    New Orleans, LA 70119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2413 Perdido St New Orleans, LA 70119
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