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    1021 Pleasant St New Orleans, LA 70115

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    For Sale
    $1,995,000

    14,400 SF building eligible for historic tax credits.

    Property size:
    14,400 SF
    Lot size:
    0.20 Acres

    Property Features for 1021 Pleasant St

    General Information

    Size
    14,400 SF
    Lot size
    0.20 Acres

    Source: NAI Rampart Commercial Real Estate New Orleans Agent Eli Gunesebakan CCIM SIOR

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

    Overview

    Magazine Street Historic Building

    The property features approximately 14,400 square feet of improvements, including a main building with 5,700 square feet per floor and a 3,000-square-foot side building. Situated on an approximately 8,880-square-foot lot, the property is zoned HU-B1 (Historic Urban Neighborhood Business District). It is located just off the corner in a prime stretch of Magazine Street in the Irish Channel and is eligible for Historic Tax Credits.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery 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
    -90.0868975
    Latitude
    29.9232248

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    FAQs

    What type of property is this?
    Specialty property - 14,400 SF building eligible for historic tax credits.
    Where is this specialty property located?
    The property is located at 1021 Pleasant St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Prime location just off the corner of Magazine Street in the Irish Channel.; - Eligible for Historic Tax Credits.; - ±14,400 SF of Improvements (5,700 SF per floor in the main building, 3,000 SF side building).
    (504) 401-4900
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    1021 Pleasant St New Orleans, LA 70115
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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
    1021 Pleasant St New Orleans, LA 70115
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