Excellent redevelopment opportunity on Elysian Fields Avenue.
Formerly used as a law office, this property has remained unused since Hurricane Katrina and is being sold strictly for lot value. The existing structure will require a full TEARDOWN or substantial redevelopment and is not being marketed for occupancy.
The property has been rezoned to residential, making it well-suited for new construction or a custom residential project. The listing price is based on recent comparable lot sales along Elysian Fields, providing a solid entry point for investors and builders looking to capitalize on the area’s continued growth and redevelopment activity.
A true blank slate in a high-visibility corridor with strong redevelopment momentum nearby. Buyer to perform all due diligence regarding zoning, permitted uses, and building requirements.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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