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    938 Constance St New Orleans, LA 70130

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    For Lease
    $35 SF/Yr

    New mixed-use development with office, retail, and restaurant potential.

    Property size:
    7,200 SF
    Lot size:
    7,200 SF

    Property Features for 938 Constance St

    General Information

    Size
    7,200 SF

    Source: Henry Shortess Agent Henry Shortess

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

    Overview

    Lower Garden District Commercial Spaces

    Located in the Lower Garden District, this new mixed-use, three-story development at 938 Thalia St and 1310 Constance St offers commercial spaces suitable for office, retail goods, and restaurants. The commercial space is located on the ground floor. The spaces are connected by a courtyard and can be leased by a single tenant, or leased by two separate tenants. Both spaces need to be built out, and the landlord is open to discussing buildout packages. The project is slated to begin construction at the beginning of Q2 2023 with an estimated delivery in the first half of 2024. The project is located in immediate proximity of the very successful Lengua Madre restaurant. Other notable favorites in the neighborhood include Barrel Proof, Blue Giant, Birdy's Behind The Bower, Hotel Saint Vincent and The Tell Me Bar, a forthcoming natural wine bar at 1235 St. Thomas Street. The zoning is HU-MU, permitting office, retail goods, and restaurants.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Grocery Store Daycare Center Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.068849
    Latitude
    29.943068

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    FAQs

    What type of property is this?
    Retail space - New mixed-use development with office, retail, and restaurant potential.
    Where is this retail space located?
    The property is located at 938 Constance St New Orleans, LA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - New mixed-use development in the Lower Garden District.; - Zoning (HU-MU) permits office, retail goods, and restaurant uses.; - Ground floor commercial spaces available at 938 Thalia St and 1310 Constance St.
    (225) 963-0115
    Request Owner's contact information
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    New Orleans, LA 70130
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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
    938 Constance St New Orleans, LA 70130
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