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    Property profile & analytics

    2020 Farragut St New Orleans, LA 70114

    • Commercial real estate
    • 3.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-0042366
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2020 Farragut St

    Lot size
    3.62 lot acres
    Property type
    Commercial real estate
    APN
    513505409|1

    Description

    This exceptional 3.62-acre parcel at 2020 Farragut St, New Orleans, LA 70114 (APN 513505409|1) presents a unique development opportunity. Priced at $737,195 ($273,204/acre), the land is already plotted for sixteen 25' x 118' lots on Farragut Street and eight 48' x 179.50' lots facing Saux Lane. A significant feature is a grand 1934 mansion situated on two of the larger lots, offering potential for renovation or demolition leveraging potential historic tax credits. The property boasts a majestic oak alley and mature cypress trees, providing a picturesque setting. Convenient access to the Crescent City Connection enhances its appeal. Saux Lane, currently unpaved, has received approval for purchase from the city. This property offers substantial potential for residential development. Note that this property may be purchased as part of a portfolio package with 2068 Farragut Street for a combined price of $890,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0338016
    Latitude
    29.9338672

    Comparable in this City

    • $200,000
      4,000 SF

      New Orleans Duplex Investment Opportunity

      Duplex in New Orleans, prime for new construction or renovation.
      2068 Farragut St, New Orleans, LA 70114
      View Details
    • $215,000
      1,582 SF

      Income-Producing New Orleans Duplex

      Algiers duplex with original wood floors and fenced backyard.
      1133-35 Belleville St, New Orleans, LA 70114
      View Details
    • $169,500

      Algiers Point Two-Bedroom Condo

      Two-bedroom condo in historic Algiers Point, New Orleans.
      418 Pelican Ave, New Orleans, LA 70114
      View Details
    • $334,000
      3,172 SF

      Income-Producing Triplex in New Orleans

      Two residential units and commercial space near Algiers Point.
      700 Leboeuf St, New Orleans, LA 70114
      View Details
    • $185,000
      1,925 SF

      Algiers Double with Income Potential

      Double in Algiers with potential for income-producing rentals.
      1722 Hermosa St, New Orleans, LA 70114
      View Details
    • Contact for pricing
      86,159 SF

      New Orleans Multifamily Investment Opportunity

      76-unit apartment complex in Algiers neighborhood, renovated in 2019.
      1314-1527 Southlawn Blvd, New Orleans, LA 70114
      View Details

    Similar Nearby for Sale

    • $200,000
      4,000 SF

      New Orleans Duplex Investment Opportunity

      Duplex in New Orleans, prime for new construction or renovation.
      2068 Farragut St, New Orleans, LA 70114
      View Details
    • $215,000
      1,582 SF

      Income-Producing New Orleans Duplex

      Algiers duplex with original wood floors and fenced backyard.
      1133-35 Belleville St, New Orleans, LA 70114
      View Details
    • $169,500

      Algiers Point Two-Bedroom Condo

      Two-bedroom condo in historic Algiers Point, New Orleans.
      418 Pelican Ave, New Orleans, LA 70114
      View Details
    • $334,000
      3,172 SF

      Income-Producing Triplex in New Orleans

      Two residential units and commercial space near Algiers Point.
      700 Leboeuf St, New Orleans, LA 70114
      View Details
    • $185,000
      1,925 SF

      Algiers Double with Income Potential

      Double in Algiers with potential for income-producing rentals.
      1722 Hermosa St, New Orleans, LA 70114
      View Details
    • Contact for pricing
      86,159 SF

      New Orleans Multifamily Investment Opportunity

      76-unit apartment complex in Algiers neighborhood, renovated in 2019.
      1314-1527 Southlawn Blvd, New Orleans, LA 70114
      View Details

    Similar Nearby for Lease

    • $1,700 /Mo
      1,027 SF

      Charming Home with Fenced Backyard

      Charming 3-bedroom home with wood floors and stainless steel appliances.
      340 Elmira Ave, New Orleans, LA 70114
      View Details
    • $950 /Mo

      New Orleans Multifamily Property Rental

      Multifamily property available for rent in New Orleans, LA.
      1113 Lebouef St, New Orleans, LA 70114
      View Details
    • $8 SF/Yr
      10,042 SF

      Behrman Place Office Space For Lease

      New Orleans Office Building, 9 Suites
      3505 Behrman Pl, New Orleans, LA 70114
      View Details
    • $12 SF/Yr
      605 SF

      Mixed-Use Center in Algiers

      Two-story center ideal for restaurants, retail, and office.
      3701-3771 General Degaulle Dr, New Orleans, LA 70114
      View Details
    • $16 SF/Yr
      13,939 SF

      River Commons Retail Center

      Westbank New Orleans Retail Space Available
      4021 Behrman Pl, New Orleans, LA 70114
      View Details
    • $8 SF/Yr
      102,000 SF

      Retail Center on 4.84 Acres

      102,000 SF neighborhood center in Algiers, New Orleans.
      3600 Macarthur Blvd, New Orleans, LA 70114
      View Details
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    2020 Farragut St
    New Orleans, LA 70114
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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
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