2901 Napoleon AveNew Orleans, LA 70115

  • Land
  • 0.83 AC
For Lease
$96,000/SF/YR View listing

Property Details for 2901 Napoleon Ave

Lot size
0.83 AC
Property type
Land
Property subtype
Commercial land
APN
614340401
APU
614340401

Description

This exceptional 36,000-square-foot commercial land parcel presents a rare opportunity in Uptown New Orleans. Located at 2901 Napoleon Avenue, this single-tenancy site boasts prominent frontage on Napoleon Avenue, offering excellent visibility and accessibility. The property occupies approximately half a city block, with additional boundaries along Willow and General Pershing Streets. Its strategic location places it directly adjacent to the Touro LCMC Imaging Center and across from the Ochsner Baptist Medical Complex, making it exceptionally well-suited for medical-related developments. However, the MU-1 zoning allows for a variety of other uses, providing significant flexibility for potential developers. The owner is open to considering build-to-suit development proposals. Annual property taxes are $10,364.40. This is a unique chance to acquire a substantial land holding in a thriving Uptown New Orleans location with high potential for significant return on investment. The property is situated in Orleans Parish, Louisiana, with a zip code of 70115. This prime location offers easy access to major roadways and a vibrant urban environment. Don't miss this chance to secure a piece of Uptown New Orleans's dynamic real estate market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,534,534
    Hospitality
    $5,985,598
    Educational
    $4,979,947
    Medical
    $5,151,215
    Retail
    $7,746,584
2901 Napoleon Ave, New Orleans, Louisiana

Location Insight

City
New Orleans
County
Orleans
State
Louisiana
Latitude
29.9394
Longitude
-90.1027
CBSA code
35380
CBSA name
NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$72,000
-
$72,000
-
$720,000
-
$720,000

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