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    1627 Magnolia St New Orleans, LA 70113

    For Sale
    $410,000

    Commercial - New Orleans, LA

    Property size:
    3,271 SF
    Lot size:
    0.12 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 1627 Magnolia St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Hu-mu
    Size
    3,271 SF
    Lot size
    0.12 Acres

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    Down the Road Partners (504) 207-2007 [email protected]

    Listing agent Renee Ferrera (504) 207-2007

    Listing date Oct 17, 2025

    MLS# 2526828 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property Near Downtown

    This 3,271 square-foot retail property is located in a high-traffic area of New Orleans, Louisiana. Situated minutes from downtown with easy highway access and main thoroughfare travel, the property is also located three blocks from S. Claiborne. The 0.1157-acre lot is near other retail establishments, eateries, and area services. The property, zoned HU-MU, presents a redevelopment opportunity and is being sold As-Is. A potential package deal exists with the property located directly behind it at 2623 Magnolia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0864489
    Latitude
    29.9444076

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    FAQs

    What type of property is this?
    Retail space - Retail space in high-traffic area, close to downtown New Orleans.
    Where is this retail space located?
    The property is located at 1627 Magnolia St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: - High traffic area, ideal for retail or commercial ventures.; - Minutes from downtown with easy highway access.; - Redevelopment opportunity for investors.
    (504) 207-2007
    Request Owner's contact information
    1627 Magnolia St New Orleans, LA 70113
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    New Orleans, LA 70113
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    Realmo Value Estimation

    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.

    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.

    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
    1627 Magnolia St New Orleans, LA 70113
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