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    401 N Roman St New Orleans, LA 70112

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    For Lease
    $8 SF/Yr

    37,000 SF warehouse space for lease in prime location.

    Property size:
    37,000 SF
    Lot size:
    37,000 SF

    Property Features for 401 N Roman St

    General Information

    Size
    37,000 SF

    Building Details

    Year built
    1950

    Source: Henry Shortess Agent Henry Shortess

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mid-City Warehouse Space Available

    Located in Mid-City along the Lafitte Greenway, 401 N Roman offers approximately 37,000 square feet of warehouse space. The property is situated just off the I-10 expressway. Warehouses 1, 2, 3, and 4 are available starting November 1, 2022, and can be subdivided or leased to a single tenant. In addition to the warehouse space, there is more than 10,000 square feet of lay down yard available, which can also be used as parking. The building features diverse access points and roll-up doors for accessibility. The building contains varying clear heights. There are 4 grade-level doors. Warehouse 3 recently had a new roof installed. The current tenant would negotiate a sale of its overhead cranes. Warehouse 5 is occupied.
    Location Intelligence

    Current Use by Public Records

    Phoenix Metals Metal Supplier

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Self Storage, Nannybag Luggage Storage, Sterling Data Storage, Bounce Luggage Storage - Near Central Business District, Bounce Luggage Storage - Central Business District

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0774059
    Latitude
    29.9630398

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    FAQs

    What type of property is this?
    Warehouse - 37,000 SF warehouse space for lease in prime location.
    Where is this warehouse located?
    The property is located at 401 N Roman St New Orleans, LA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Mid-City, adjacent to the Lafitte Greenway and just off I-10.; - Subdividable **37,000 SF warehouse space** available for single or multiple tenants.; - Over **10,000 SF of lay down yard** available, usable as parking.
    (225) 963-0115
    Request Owner's contact information
    401 N Roman St New Orleans, LA 70112
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    New Orleans, LA 70112
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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
    401 N Roman St New Orleans, LA 70112
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