Listed by SVN | Urban Properties
$2,500,000
600 Atlantic Ave
Details
Property Type Land
Sub Type Commercial
Price Per Acre $436,300
Acreage 5.730
Zoning HU-MU
600 Atlantic Ave, New Orleans, LA 70114
Marketing description
Introducing a rare opportunity for investment in the thriving Algiers area, this expansive property boasts a prime location nestled between Old Algiers and Federal City. Spanning an impressive 5.73 acres, the property offers extensive space for diverse commercial development possibilities, thanks to its optimal HU-MU zoning. A key selling point is the completely vacant land, eliminating the need for costly demolition. Investors seeking a strategic location with substantial scale and flexible use options will find this property to be a highly compelling prospect for realizing their development aspirations in the dynamic Algiers market.
Investment highlights
- Excellent Location: Algiers Point between Old Algiers and Federal City
- Significant Scale: 5.73 acres
- Optimal Commercial Zoning: HU-MU zoning allows a multitude of uses
- Vacant Parcel: No demolition needed
- Low Price: excellent land acquisition basis of $10 PSF
Listing Contacts
Listed by SVN | Urban Properties
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