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    934 Canal St New Orleans, LA 70112

    For Sale
    $3,260,000

    Redevelopment opportunity with historic tax credits in New Orleans.

    Property size:
    13,440 SF

    Property Features for 934 Canal St

    General Information

    Size
    13,440 SF

    Source: Duff Friend Agent Duff Friend

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

    Overview

    Redevelopment Opportunity with Tax Credits

    This is a redevelopment opportunity located on Canal Street in New Orleans. The property, which is eligible for federal and state tax credits, offers approximately 13,440 square feet of space and has potential for a penthouse addition. Construction plans are included for 1,600 square feet of ground floor retail space and 7 apartments. The interior has been gutted and abated. Construction permits are in place, and DDD grants have been approved. The property is zoned CBD-2 and is licensed and permitted as a hotel. National Park Service Part 1 & Part 2 have been completed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0718358
    Latitude
    29.954713

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    FAQs

    What type of property is this?
    Retail space - Redevelopment opportunity with historic tax credits in New Orleans.
    Where is this retail space located?
    The property is located at 934 Canal St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $3,260,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity with historic tax credits; - Federal and state tax credit eligible; - Construction permit in place
    (504) 909-7351
    Request Owner's contact information
    934 Canal St 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
    934 Canal St New Orleans, LA 70112
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