Mixed-Use Investment in New
8001 DOWNMAN Road New Orleans, LA 70126
8001 DOWNMAN Road, New Orleans, LA, 70126
$1,400,000
For Sale
$1,400,000
COMMERCIAL - New Orleans, LA
Property Size3,850 SF
Price / SF$363.64
Days on Market120
Property Features for 8001 DOWNMAN Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-1
- Parking features
- Off Street
- Standard status
- Active
- APN
- 39w020204
- Size
- 3,850 SF
Taxes and HOA fees
- Tax Description
- SQ A ENTRANCE PK NO 1 LOT D DOWNMAN RD 51 X 97 OVER 99 2/STORY FR & FR OFFICE BLDG
Utilities
- Water source
- Public
Building Details
- Year built
- 1977
- Floors in Building
- 2
Listing agency
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
Listed by
Noah Thomas · License #995715515
(504) 669-8822
Added: Mar 26 Updated: Apr 27 at 9:45AM Checked: Jul 23 at 1:06AM
MLS# 2549730
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.
Investment Insights
Based on property information with market context.
This mixed-use property in New Orleans offers a versatile investment and leasing opportunity, featuring office space, retail space, and multifamily units. It is suitable for business owners, investors, or tenants seeking a mixed-use environment. The property provides off-street parking, and some utilities are paid by the owner. Office and retail spaces are available under a Modified Gross Lease. Multifamily units are offered on 12-month lease terms, providing stable residential income. The property is actively leasing both commercial and residential units, making it a prime opportunity for immediate occupancy or investment growth. The property contains 3850 square feet and is located on a lot of 0 acres. The zoning is C-1.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.7k | $23.04 |
| − Vacancy | −$1.8k | −$0.46 |
| EGI | $86.9k | $22.58 |
| − OpEx | −$26.1k | −$6.77 |
| NOI | $60.9k | $15.81 |
3,850 SF · lease $23.04/SF/yr · vacancy 2.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$869.3K
$760.6K – $1.01M
NOI $60,851 @ 7.0% cap · market cap 4.35%
Second Best
Office B
$763.1K
$667.7K – $890.3K
NOI $53,416 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$1.01M
$883.6K – $1.18M
NOI $70,686 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Professional Construction Services
Construction Company
YESTERDAY'S DROPS
Clothing Store
MONEY SEE MONEY ...
Clothing Store
Tee’s 4 you
Custom T-Shirt Store
Geaux Exquisite
Party Supply Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Versatile property with office, retail, and multifamily units.
Where is this mixed-use property located?
The property is located at 8001 DOWNMAN Road New Orleans, LA.
What is the asking price?
The asking price for this property is $1,400,000.
