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5000 Magazine St New Orleans, LA 70115

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For Sale
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Uptown New Orleans development land, $1M

Property Features for 5000 Magazine St

General Information

Property type
Land

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Listing Contact
Aaron Kazanoff
Aaron Kazanoff

Listing Agency: Ben & Burka Listing Agent: Aaron Kazanoff

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 4,200 square foot vacant lot presents a prime development opportunity in New Orleans' vibrant Uptown neighborhood. Located at the highly visible corner of Magazine and Robert Streets, this fee simple property boasts a HU-B1 zoning designation, allowing for diverse commercial, mixed-use, or residential projects. The location offers unparalleled accessibility and visibility, situated amongst a thriving mix of established businesses and institutions. Nearby amenities include popular restaurants such as Tito's Ceviche & Pisco and Pizza Domenica, as well as St. Katharine Drexel Preparatory School, ensuring high foot traffic and a strong local community. The lot's zoning permits a three-story building up to 40 feet in height, eliminating the need for off-street parking. This presents a unique chance to capitalize on the area's growth and create a significant return on investment. The asking price is $1,000,000. Potential buyers are responsible for verifying permitted uses with the relevant authorities. This is a rare opportunity to acquire a substantial commercial and residential development site in a highly desirable location. The property's size and zoning flexibility make it ideal for a variety of projects, catering to the area's diverse needs and market demands. Seize this chance to build your vision in the heart of Uptown New Orleans.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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
-90.109102412861
Latitude
29.92032200023

FAQs

What type of property is this?
Land - Uptown New Orleans development land, $1M
Where is this land located?
The property is located at 5000 Magazine St New Orleans, LA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 4,200 SF vacant lot in Uptown New Orleans.; Located on the highly visible corner of Magazine and Robert Streets.; HU-B1 zoning allows for diverse commercial, mixed-use, or residential development.
(504) 301-1002 Call to check price and availability
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