4240 Magnolia St - Commercial LAND FOR SALE


New Orleans, LA 70115- Milan8,999 SF
$600,000 USD
504-274-2701
4240 Magnolia St, New Orleans, LA for Sale
$600,000 USD
Commercial LAND - FOR SALE
1/6
8,999 SF

4240 Magnolia St
New Orleans, LA 70115
Milan


HIGHLIGHTS

  • Located near Napoleon Avenue and Freret Street within a high-demand Uptown corridor.
  • HU-B1 zoning accommodates multiple development uses such as medical, office, or multifamily.
  • Within walking distance of Ochsner Baptist Medical Campus and major healthcare providers.

OVERVIEW

4240 Magnolia Street presents a rare investment opportunity in the heart of Uptown New Orleans. The property spans approximately 9,000 square feet with HU-B1 zoning, making it highly adaptable for office, medical, multifamily, or mixed-use development. Positioned near Napoleon Avenue and Freret Street, the site delivers urban connectivity sought by developers and investors targeting one of the city’s most dynamic commercial districts. The location benefits from strong surrounding infrastructure and recent redevelopment activity. It offers immediate proximity to Ochsner Baptist Medical Campus and is surrounded by specialty healthcare providers, hospitality concepts, and popular retail destinations including Trader Joe’s and the Freret Street corridor. Excellent access to major New Orleans thoroughfares ensures connectivity across Uptown and the CBD, while neighborhood demographics reinforce sustained demand across multiple asset classes. This property provides investors with a compelling platform for creative redevelopment or long-term hold strategies supported by Uptown’s continued investment growth.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/ACRE

$2,903,994/AC

PRICE/SF

$67 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

UPTOWN DEVELOPMENT SITE

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Office, Multi-Family, Medical

LAND ACRES

0.21 AC

LAND SF

9,000 SF

OFFSITE IMPROVEMENTS

-

ZONING

HU-B1

APN/PARCEL ID

6-14-3-330-11

ASK ABOUT THIS PROPERTY

Louis Lebourgeois IVThe McEnery CompanyMore Info
504-274-2701

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Louis Lebourgeois IVThe McEnery CompanyMore Info
504-274-2701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.