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    8228 Oak St New Orleans, LA 70118

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    For Sale
    $1,175,000

    Income-producing property in vibrant New Orleans location with parking.

    Lot size:
    0.10 Acres

    Property Features for 8228 Oak St

    General Information

    Lot size
    0.10 Acres

    Source: ben + burka Agent Aaron Kazanoff

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

    Overview

    Two-Story Commercial Building on Oak

    The property at 8228 Oak Street is a two-story commercial building situated in a vibrant New Orleans location. The building features ample off-street parking. The ground floor is currently leased on a NNN basis to Primo Hoagies, a nationally recognized sandwich franchise. The upstairs unit is occupied on a month-to-month basis by a therapy office/studio apartment. This unit could be owner-operated or leased out on a long-term basis. The property is located in a popular commercial district near Zotz Cafe, Oak Street Brewery, Jacques-Imo’s, Maple Leaf Bar, and Breads on Oak.
    Insight Report Location Intelligence

    Current Use by Public Records

    PrimoHoagies Caterer

    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
    -90.1312521
    Latitude
    29.9483991

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    FAQs

    What type of property is this?
    Retail space - Income-producing property in vibrant New Orleans location with parking.
    Where is this retail space located?
    The property is located at 8228 Oak St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: - Favorable NNN lease in place with Primo Hoagies, a nationally recognized sandwich franchise, providing immediate income.; - Ample off-street parking, a valuable asset in a bustling commercial area.; - Prime location on Oak Street, a vibrant and popular commercial district.
    (512) 799-3069
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    8228 Oak St New Orleans, LA 70118
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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
    8228 Oak St New Orleans, LA 70118
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