$155,000
SOLD APR 7, 2025
Last list price
1.04 Acres
$148,610 Price per Acre
45,433 Sq Ft Lot

Recently Sold

45 Days on Market

About This Lot

As of April 2025

*Seller is open to owner financing with a reasonable down payment and other acceptable terms*Prime investment opportunity in New Orleans East! This highly visible C-2 zoned commercial lot is strategically located near I-10, ensuring maximum exposure and easy accessibility—key factors for a lucrative development. Situated in an X flood zone, this property offers endless possibilities: develop a high-yield apartment complex for strong cash flow, subdivide for single-family homes, or create a larger commercial venture to capitalize on the area's growth. This is your chance to secure a valuable asset in a rapidly evolving market. Don’t miss out on this high-potential investment! Buyer to verify zoning for intended use!

Last Agent to Sell the Property

Lazaro Suarez

REVE, REALTORS License #995704303 Listed on: 02/21/2025

REVE, REALTORS

Last Buyer's Agent

Lionel Nelson

Land Home REALTORS License #912122281

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,640

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 203x216x214x221
  • Oversized Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • The community has rules related to zoning restrictions
  • Zoning described as C-2

Location

  • City Lot

Listing and Financial Details

  • Legal Lot and Block C / 16

Property Details

Property Type

Land

Est. Annual Taxes

$2,640

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.043
  • Lot Size: 203X216X214X221
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot, Oversized Lot, Split Possible

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Commercial, Multi-Family, Residential
  • Zoning Description: C-2
  • Zoning: C-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 16
  • Tax Lot: C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2018
Sold by
Rtv Real Estate Holdings Llc A Domestic
Bought by
Atlantic Investment Properties Llc A Dom
Current Estimated Value
$160,544

Purchase Details

Closed on
May 2, 2016
Sold by
Patrick'S Place East Llc A Lomestic Limi
Bought by
Rtv Real Estate Holding Llc A Domestic L
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $60,000 Sovereign Title
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold -- -- --
02/21/2025 02/21/25 For Sale $155,000 -6.1% --
02/12/2021 02/12/21 Sold -- -- --
01/13/2021 01/13/21 Pending -- -- --
08/27/2020 08/27/20 For Sale $165,000 -- --
Source: ROAM MLS

Tax History Compared to Growth

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 $2,640 $20,000 $20,000 $0
2024 $2,680 $20,000 $20,000 $0
2023 $2,814 $20,000 $20,000 $0
2022 $2,814 $20,000 $20,000 $0
2021 $2,879 $20,000 $20,000 $0
2020 $2,908 $20,000 $20,000 $0
2019 $3,022 $20,000 $20,000 $0
2018 $3,082 $20,000 $20,000 $0
2017 $2,942 $20,000 $20,000 $0
2016 $3,036 $20,000 $20,000 $0
2015 $1,848 $12,430 $12,430 $0
2014 -- $12,430 $12,430 $0
2013 -- $12,430 $12,430 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2488267

APN: 3-9W-0-162-32