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121 Rocheblave St 0.28 Acres of Commercial Land Offered at $700,000 in New Orleans, LA 70119
Executive Summary
General Comments: The subject is a shovel-ready commercial tract located in an Opportunity Zone in the Bio- District. This tract sits less than a block off Canal Street in close proximity to the newly developed Trader Joe’s, Whole Foods and the New Orleans Veterans Affairs Medical Center. With multiple hospitals and healthcare facilities within walking distance, the property is surrounded by a built-in customer base of doctors, nurses, support staff, and visiting patients and families. The Seller has architectural drawings for 18 units with parking.
Permitted Use: Permitted uses include office, retail, short term rentals, multi-family dwellings, animal hospital, catering kitchen, financial institution, health club, medical/dental clinic, microbrewery, public market, restaurant, artisan manufacturing
Permitted Use: Permitted uses include office, retail, short term rentals, multi-family dwellings, animal hospital, catering kitchen, financial institution, health club, medical/dental clinic, microbrewery, public market, restaurant, artisan manufacturing
Property Facts
| Price | $700,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.28 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | HU-MU | ||
| Price | $700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.28 AC |
| Opportunity Zone |
Yes |
| Zoning | HU-MU |
1 Lot Available
Lot
| Price | $700,000 | Lot Size | 0.28 AC |
| Price Per AC | $2,466,395.36 |
| Price | $700,000 |
| Price Per AC | $2,466,395.36 |
| Lot Size | 0.28 AC |
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1-05-2-019-24 | Improvements Assessment | $0 |
| Land Assessment | $10,700 | Total Assessment | $10,700 |
Property Taxes
Parcel Number
1-05-2-019-24
Land Assessment
$10,700
Improvements Assessment
$0
Total Assessment
$10,700
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121 Rocheblave St
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