2037 Lapeyrouse St New Orleans, LA 70116

This exceptional 3,173 square foot commercial land parcel presents a unique investment opportunity in New Orleans, Louisiana. Located at 2037 Lapeyrouse Street, in the desirable 70116 zip code, this property is situated within an Opportunity Zone, offering significant tax advantages. Currently designated as HU-RD2 zoning, the land allows for a diverse range of development possibilities. Previous structures have been approved for demolition, paving the way for a fresh start. Potential uses include multi-family dwellings, mixed-use spaces, places of worship, care facilities, or office buildings. The property's central location within New Orleans provides easy access to key amenities and transportation routes. Priced at $120,000, this distressed sale presents a compelling opportunity for investors seeking a prime location and flexible development potential within a thriving urban environment. The lot size offers ample space for a variety of projects, making it an attractive proposition for both experienced developers and those seeking a strategic entry point into the New Orleans real estate market. This is a rare chance to acquire a previously developed site in a highly sought-after Opportunity Zone.