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61 Texas Drive

New Orleans LA 70114

7501 sq. ft.
0.17 ac.
Land
Currently for sale - view listing

Overview

Don't miss this multi-family development opportunity in Algiers! This property is zoned S-RM1 (suburban multi-family), and application for re-subdivision is currently in progress. There is a total of 5 proposed lots available. Each proposed lot measures 53.2' x 141' (7,501 sq. ft.). Current zoning would allow up to 6 dwelling units on each proposed lot. Priced competitively at $29,000 per lot ($3.87 / sq. ft.). Whether your intent is to build or simply add to your investment portfolio, this is an excellent opportunity for developers, builders, and investors alike. As reference, the municipal address for the entire property is 3501 Texas Dr., New Orleans, LA 70114. Lot price is firm. Owner / Agent. Call today!

Features

7501 sq. ft. floor area
0.17 ac. lot size
Land

Happy sellers in New Orleans

92%
92% of sellers in New Orleans reported that their sale price either exceeded or met their price expectations.

New Orleans stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in New Orleans over the last 12 months.

Local market activity for land plots in New Orleans

In the last 12 months, 20 land plots similar to 61 Texas Drive, have been sold.

This represents a 5% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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