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Property profile & analytics
OFF-MARKET
Day care centers

1829 Leonidas St New Orleans, LA 70118

6,072 SF 16500 ac lot Built 1920
Property ID
US36-0632939
Property summary
AI-generated overview

This exceptional investment opportunity encompasses three properties totaling 6,072 square feet on a sprawling 16.5-acre lot in New Orleans' Carrollton Historical District. Located at the corner of Cohn and Leonidas Streets, this package presents a unique redevelopment prospect in a rapidly growing neighborhood. The main building, a former church constructed in 1920, features a large open space, bathrooms, and small offices, situated on Cohn Street. A cinder-block addition at the rear, previously used as a fellowship hall, includes a spacious open area and a kitchen. Both the main building and the addition require substantial renovation or demolition. The property's zoning is HU-RD2. The combined APN numbers are 716300632, 716300633, and 716300615. This location offers unparalleled convenience, just five blocks from the Carrollton Streetcar and six blocks from Oak Street's vibrant retail scene. The properties are being sold together as-is, presenting a blank canvas for a wide range of development possibilities, capitalizing on the increasing demand for new homes in this revitalizing area. The asking price for this unique package is $395,000. This is a rare chance to acquire a significant land holding in a desirable New Orleans location.

Property profile
Verified
Property type Day care centers
Year built 1920
Total area 6,072 SF
Lot 16500 ac (718,740,000 SF)
APN 716300632<br />716300633<br />716300615
UPID US36-0632939
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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