Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1029 Oretha C Haley Blvd New Orleans, LA 70113

    Sponsored
    For Lease
    $6,000 /Mo ($18 SF/Yr)

    Retail,Shopping Center - New Orleans, LA

    Property size:
    4,000 SF
    Days on Market:
    103
    Last Refresh:
    Feb 22 at 12:06 pm

    Property Features for 1029 Oretha C Haley Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Cbd-1
    Size
    4,000 SF

    Taxes and HOA fees

    Expense value
    6000
    Expense
    Security Deposit
    Expense freq.
    Once

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Building materials
    Brick, Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Peter Gardner
    Peter Gardner

    HODC LLC dba Keller Williams Realty New Orleans (504) 862-0100

    Listing agent Peter Gardner (504) 862-0100

    Listing date Nov 12, 2025

    MLS# 2530671 Listing URL

    Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Downtown Retail Center Corner Unit

    This 4,000 square foot corner unit is located in a well-maintained downtown retail center. The historic auto supply building was renovated in 2015 into a 5-unit retail center with 19 off-street parking spaces. The unit has approximately 100 feet of frontage along the street, along with 2 retail bays at the front corner of the property. Originally developed as headquarters for a startup tech company, the space features a wide-open area, 2 to 4 private offices, a conference room, 2 ADA bathrooms, and an open kitchen. It was later divided into 2 spaces for a retailer and hair salon, but the owner intends to return it to the larger configuration. The owner will handle the build-out for this return. The property is adjacent to 2 condo developments and provides access to Uptown, Downtown, Westbank, and Metairie. There is a possibility to add up to another 75 spaces in a lot across the street for under $1000 per month. Other tenants in the center include a wine shop, pizza restaurant, and nail salon. The property is zoned Cbd-1.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    PMG Leasing, L.L.C., FRAMEWORK, Coinstar Kiosk | Bitcoin ATM, Rentbrella Station - 1 Flatbush Ave, Miracle on Fulton Street

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0828
    Latitude
    29.9429

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      Place St. Charles

      Discover many ways to work your way in Pembrook Commons
      201 St. Charles Ave, New Orleans, LA 70170
      View Details
    • Sponsored
      New
      Contact for pricing

      Downtown Superdome

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      1615 Poydras St, New Orleans, LA 70112
      View Details
    • $4,750 /Mo
      1,868 SF

      Versatile Space on Tchoupitoulas Corridor

      Adaptable commercial space in a rapidly developing New Orleans district.
      3950 Tchoupitoulas St, New Orleans, LA 70115
      View Details
    • $2,700 /Mo
      1,086 SF

      Renovated Commercial Space For Rent

      Newly renovated commercial space with open layout in New Orleans.
      2112 Baronne St, New Orleans, LA 70113
      View Details
    • $3,116 /Mo
      1,000 SF

      Turn-Key Restaurant Sublease Opportunity

      Restaurant sublease in LSU Medical District with built-in customer base.
      2000 Tulane Ave, New Orleans, LA 70150
      View Details
    • $6,000 /Mo
      1,760 SF

      Restaurant Space in Historic Neighborhood

      Restaurant space with outdoor seating in historic S. Carrollton neighborhood.
      1506 S Carrollton Ave, New Orleans, LA 70118
      View Details
    • $2,500 /Mo
      2,300 SF

      New Orleans Office For Lease

      Commercial building ideal for medical use in New Orleans.
      8736 Chef Menteur Hwy, New Orleans, LA 70127
      View Details
    • $6,500 /Mo
      4,500 SF

      Prime Retail Space in CBD

      4500 SqFt retail space in the heart of New Orleans.
      124 Baronne St, New Orleans, LA 70112
      View Details
    • $4,000 /Mo
      1,250 SF

      Historic Corner Building in New Orleans

      Restored commercial space in prime Lower Garden District location.
      1900 Magazine St, New Orleans, LA 70130
      View Details
    • $1,400 /Mo
      1,760 SF

      New Orleans Commercial Space For Rent

      Commercial space in high-traffic area suitable for various businesses.
      1019 N Broad St, New Orleans, LA 70119
      View Details
    • $2,500 /Mo
      1,500 SF

      Furnished Office/Co-working Space Available

      Furnished co-working and conference space in renovated historic building.
      3726 Saint Claude Ave, New Orleans, LA 70117
      View Details
    • $5,700 /Mo
      3,500 SF

      Canal Street Office Space Available

      Spacious office suite with flexible layout in central New Orleans.
      3300 Canal St, New Orleans, LA 70119
      View Details

    FAQs

    What type of property is this?
    Shopping center - Highly visible 4,000 SF corner unit in downtown retail center.
    Where is this shopping center located?
    The property is located at 1029 Oretha C Haley Blvd New Orleans, LA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Premier 4000 sf corner unit in a highly visible downtown retail center.; - Located at the edge of the CBD, adjacent to condo developments, with easy access to Uptown, Downtown, Westbank, and Metairie.; - Renovated in 2015 with 19 off-street parking spaces.
    (504) 782-7574
    Request Owner's contact information
    1029 Oretha C Haley Blvd New Orleans, LA 70113
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1029 Oretha C Haley Blvd
    New Orleans, LA 70113
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1029 Oretha C Haley Blvd New Orleans, LA 70113
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Peter Gardner
    Peter Gardner
    (504) 782-7574 (504) 862-0100
    Learn more
    Google sign-in failed. Please try again or use another login method.