2047 Lafayette St New Orleans, LA 70113-3301
- Showrooms
- 3,120 SF
- 0.06 lot acres
Current Use by Public Records
- Showrooms
Property Details for 2047 Lafayette St
- Year built
- 1940
- Lot size
- 0.06 lot acres
- Property size
- 3,120 SF
- Property type
- Showrooms
- APN
- 103108206
- APU
- 103108206
Description
This exceptional investment opportunity presents a unique blend of existing warehouse space and significant land potential in the vibrant New Orleans industrial market. The property comprises three interconnected warehouse buildings, totaling 9,434 square feet, situated on a 10,211 square foot lot. Currently in poor condition, the buildings offer a blank canvas for renovation or redevelopment. Alternatively, the existing structures could be demolished to create a prime 10,211 square foot industrial land site. The property boasts a convenient location in a well-established industrial area, strategically positioned near the Caesars Superdome, and easily accessible via major thoroughfares including I-10, South Claiborne Avenue, Poydras Street, and South Broad Street. The property is zoned for light industrial use, offering flexibility for a variety of potential projects. With a price per square foot of $32.44, this offering presents a compelling value proposition for owner-users or developers seeking a strategic foothold in a dynamic urban environment. The single-story buildings feature one loading dock, providing convenient access for goods and materials. This property is ideal for those seeking a redevelopment project or a prime location for a new industrial construction. The combination of existing structures and ample land provides a unique opportunity to tailor the property to specific business needs.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Longitude
- -90.0867
- Latitude
- 29.9547
- CBSA code
- 35380
- CBSA name
- NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA