524 Rampart StNew Orleans, LA 70112
- Land
- 0.33 AC
Property Details for 524 Rampart St
- Lot size
- 0.33 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 207103516
- APU
- 207103516
Description
This exceptional 0.34-acre commercial land parcel presents a unique development opportunity in New Orleans' vibrant French Quarter. Located at 524 N Rampart St, in Orleans Parish, LA 70112 (29.9591528, -90.0695284), this property boasts a highly visible location on the outer edge of the historic French Quarter, offering unparalleled access to the bustling Medical District, the Central Business District, and the trendy Marigny neighborhood. Zoned MU-HC (Mixed Use-Historic Core), the site allows for a diverse range of uses, including professional/business offices, restaurants, retail shops, and multi-family residential developments. Its strategic position along the Rampart-St. Claude streetcar route provides convenient public transportation access, connecting easily to Canal Street and the iconic St. Charles Avenue streetcar line. The surrounding area is rich with historic charm, featuring established restaurants, numerous hotels, and a thriving residential community. This prime location offers exceptional visibility and proximity to key areas, making it an ideal investment for developers seeking a high-impact project in a sought-after New Orleans location. The asking price is $4,500,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,648,664
- Hospitality
- $2,426,162
- Educational
- $2,018,538
- Medical
- $2,087,959
- Retail
- $3,139,949
Location Insight
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Latitude
- 29.9591
- Longitude
- -90.0692
- CBSA code
- 35380
- CBSA name
- NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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