1032-1042 Loyola Ave 0.42 Acres of Commercial Land Offered at $1,250,000 in New Orleans, LA 70113

EXECUTIVE SUMMARY

Rare opportunity to acquire a CBD-1 zoned parking lot located in a Qualified Opportunity Zone. Significant parking lot revenue potential as an interim use, and attractive pricing on CBD-1 zoned land at less than $69 per SF.

PROPERTY FACTS

Price $1,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Parking Lot
Total Lot Size 0.42 AC
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

Price $1,250,000
Price Per AC $2,976,190.48
Lot Size 0.42 AC

DESCRIPTION

117 feet of frontage along Loyola Avenue & 88 feet of frontage along Calliope.

Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (77)
Bike Score®
Very Bikeable (88)

ZONING

Zoning Code CBD-1
  • Listing ID: 33625096

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 1032-1042 Loyola Ave, New Orleans, LA 70113