$139,000
UNDER CONTRACT $11K PRICE DROP

Estimated payment $814/month

Total Views 364
0.11 Acre
-- Price per Acre
0 Sq Ft Lot

About This Lot

Highly visible, commercially zoned vacant land opportunity on Franklin Avenue. Situated in the Lake area neighborhood business district, this is a unique offering for a parcel with broad permitted use. Some of the many uses include: restaurant, retail, childcare, medical and dental.

Listing Agent

Ansley Garibaldi

Compass Uptown-Maple St (LATT28) License #995697430 Listed on: 09/02/2025

Compass Uptown-Maple St (LATT28)

Co-Listing Agent

Elizabeth Mcnulty

Compass Uptown-Maple St (LATT28) License #995689813

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $945

Lot Details

  • Lot Dimensions are 40 x 120
  • Rectangular Lot
  • Zoning described as S-B1

Location

  • City Lot

Listing and Financial Details

  • Legal Lot and Block 16-17 / 81
  • Assessor Parcel Number 38W408205

Property Details

Property Type

Land

Est. Annual Taxes

$945

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size: 40 x 120
  • Road Surface Type: Paved
  • Co List Office Mls Id: LATT28
  • Co List Office Phone: (504) 861-7575
  • Directions: https://www.google.com/maps/place/5324+Franklin+Ave,+New+Orleans,+LA+70122/@30.0128934,-90.0528677,433m/data=!3m1!1e3!4m6!3m5!1s0x8620a8e69e3970f1:0x2a63e59e47ed15a9!8m2!3d30.0128934!4d-90.0513871!16s%2Fg%2F11c28q936c?entry=ttu&g_ep=EgoyMDI1MDgyNS4wIKXMDS
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: City Lot, Rectangular Lot

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Commercial, Residential
  • Parcel #: 38W408205
  • Zoning Description: S-B1
  • Zoning: S-B1

Tax Info

  • Tax Block: 81
  • Tax Lot: 16-17

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $945 $7,160 $7,160 $0
2024 $959 $7,160 $7,160 $0
2023 $470 $3,340 $3,340 $0
2022 $470 $3,340 $3,340 $0
2021 $481 $3,340 $3,340 $0
2020 $486 $3,340 $3,340 $0
2019 $506 $3,350 $3,350 $0
2018 $516 $3,350 $3,350 $0
2017 $493 $3,350 $3,350 $0
2016 $508 $3,350 $3,350 $0
2015 $498 $3,350 $3,350 $0
2014 -- $3,350 $3,350 $0
2013 -- $3,350 $3,350 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2025 09/15/25 Price Changed $139,000 -7.3% --
09/02/2025 09/02/25 For Sale $150,000 -- --
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $228,000 --
Source: Public Records

Source: ROAM MLS

MLS Number: 2519426

APN: 3-8W-4-082-05