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    1656 Allen Toussaint Blvd New Orleans, LA

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    For Sale
    $625,000

    2,544 SF single-tenant building on 15,625 SF parcel.

    Property size:
    2,544 SF
    Lot size:
    0.37 Acres

    Property Features for 1656 Allen Toussaint Blvd

    General Information

    Size
    2,544 SF
    Lot size
    0.37 Acres

    Source: Corporate Realty - Canal Place Agent Andrea A Huseman, CCIM

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

    Overview

    Retail Building on Allen Toussaint

    This 2,544-sf single-tenant building is situated on a 15,625-sf parcel. The property is located on a highly visible stretch of street between Leon C. Simon Drive and Paris Avenue. The surrounding area is primarily residential, featuring Chateau Lake Terrace apartments, single-family homes, and John F. Kennedy Senior High School. The property is approximately 1.5 miles from the lakefront and the University of New Orleans, positioned equidistant from the Lake Vista and Gentilly neighborhoods.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.077003
    Latitude
    29.958529

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    FAQs

    What type of property is this?
    Storefront property - 2,544 SF single-tenant building on 15,625 SF parcel.
    Where is this storefront property located?
    The property is located at 1656 Allen Toussaint Blvd New Orleans, LA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - 2,544-sf single-tenant building.; - Situated on a 15,625-sf parcel.; - Highly visible street location.
    (504) 296-5641
    Request Owner's contact information
    1656 Allen Toussaint Blvd New Orleans, LA
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    New Orleans, LA
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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
    1656 Allen Toussaint Blvd New Orleans, LA
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