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Historic Julia Street Development Site

923 Julia St, New Orleans, LA 70113

For Sale
$1,600,000

Development site with approved conditional use for hotel.

Property Size12,246 SF
Lot Size0.28 Acres
Price / SF$130.65
Days on Market2259

Property Features for 923 Julia St

General Information

Standard status Active
Size 12,246 SF
Lot size 0.28 Acres
Property subtype Land
Zoning CBD-5

Site & Location

Neighborhood Central City
Listing Agency: Talbot Realty Group
Listed By: Robert Talbot · License #000006978
Source: Lacdb.resimplifi
Added: Sep 2, 2020 Changed: Nov 2 Last Checked: Nov 6 at 5:08AM

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 Talbot Realty Group

Rey
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Investment Insights

Based on property information with market context.

Located on historic Julia Street, between Baronne Street and O'Keefe Avenue, this site allows for the construction of a 6-story building, up to 75 feet in height, within 20 feet of the property line. An additional 4 stories, reaching up to 125 feet, are permitted beyond the 20-foot property boundary. The site has an area of 12246 square feet. A conditional use permit has been approved by the New Orleans City Council for hotel use on the property.

Key Highlights

  • Approved conditional use for a hotel.
  • Located on historic Julia Street.
  • Building height allowance of up to 125 feet.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Home Appliance Store Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Butcher

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

9,002
Businesses Nearby

Demographics for 70113, LA

8,569
Population
5,512
Households
1.6
Avg Household Size
37
Median Age
27%
College-Educated
74%
High-School Grad
0.9 sq mi
ZIP Area
9,521
Density / Sq Mi
$36,897
Median Household Income
$31,126
Median Earnings
$960
Median Rent
$258,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Commercial land in New Orleans, LA

$175 Jul
$448 Aug
$225 Sep
$175 Oct

Properties on Market for Commercial land in New Orleans

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Development site with approved conditional use for hotel.
Where is this commercial land located?
The property is located at 923 Julia St New Orleans, LA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Approved conditional use for a hotel.; Located on historic Julia Street.; Building height allowance of up to 125 feet.
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