Large Industrial Site for Sale

Vacant Land for Sale
Catylist Listing ID: 30017994
Property Subtypes: Industrial
Gross Land Area: 32 Acres
Sale Price: $1,299,000
Unit Price: $40,593 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2017

Overview / Comments

Building
Description: An approximately 42 acre cleared and filled industrial lot fronting Almonaster Avenue in New Orleans, just east of Crescent Crown Distributing facility on the east side of the Industrial Canal. Site has net usable land area of approximately 32 acres and is zoned H-I, Heavy Industrial.

Legal
Description: Lot X-1-B-1, Section 40 & 41, Township 12 South, Range 12 east, Southeast District of Louisiana, east of the Mississippi River, Third District, City of New Orleans, Orleans Parish, LA (see survey on reverse).

Site
Dimensions: 1,139.23’ on Almonaster Avenue / 850.54’ rear x 1,736.29’ / 1,833.17’ depths

Additional: After 2005 purchase, current owner cleared & filled the lot for their use and substantially decided not to use the property.

List Price: $1,299,000 ($.93/sq. ft. based upon usable area of 32 acres)

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Tax ID/APN: 41197594

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,750 73,354 202,887
Median Age: 35.16 34.51 35.57
Households: 1,750 28,070 82,543

Contact

Photograph of Listing Agent

David B. Quinn, SIOR

Max J Derbes Inc New Orleans, LA 70123-3229
Not a member of MCAR CIE
Photograph of Listing Agent

Jack Quinn

Max J Derbes Inc New Orleans, LA 70123-3229
Not a member of MCAR CIE
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