For Sale
$10,500,000

549 O'keefe AveNew Orleans, LA 70113

Downtown Land, 34,424 SF, $10.5M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 34,424 square foot commercial land parcel presents a remarkable development opportunity in the heart of New Orleans' Central Business District (CBD). Located at 549 O'Keefe Avenue, in Orleans Parish, Louisiana, zip code 70113, this cleared site is currently utilized as a 126-car parking lot, offering immediate potential for redevelopment. The property boasts a CBD-1 zoning designation, permitting a building height of up to 185 feet (approximately 15 floors). Its strategic location offers unparalleled access to major thoroughfares, including I-10, and is within walking distance of the French Quarter and the Convention Center. Just one block from Poydras Street and Loyola Avenue, the site benefits from proximity to the Superdome, the Arena, numerous restaurants, hotels, and office buildings. Furthermore, its adjacency to the South Market Development, featuring upscale condos, high-rise apartments, restaurants, and retail shops, underscores its prime location within a thriving urban environment. This site is ideally suited for a diverse range of projects, including hotels, condominiums, high-rise apartments, office buildings, retail spaces, restaurants, or even art galleries and museums. The asking price for this exceptional property is $10,500,000.

Property Details for 549 O'keefe Ave

Property type
Land

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.949562
Longitude
-90.074742
549 O'keefe Ave, New Orleans, Louisiana

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549 O'keefe Ave
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