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    1950 N Claiborne Ave New Orleans, LA 70116

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    For Lease
    $28 SF/Yr ($18,666 /Mo)

    Retail suites and apartments for rent on N Claiborne.

    Property size:
    8,000 SF
    Lot size:
    0.55 Acres

    Property Features for 1950 N Claiborne Ave

    General Information

    Size
    8,000 SF
    Lot size
    0.55 Acres

    Source: L+A Retail Agent Will Place

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

    Overview

    Retail and Apartment Building

    This property features an 8,000 square foot retail shopping center with eight 1,000 square foot suites. Apartments are located on the second floor. The property is situated on a 23,868 square foot lot and includes 15 parking spaces in the rear, with an additional 8 spaces on North Claiborne. The zoning is HMC-2, and the future land use is MU-TC. Rental rates are $30 per square foot for endcaps and $28 per square foot for interior space, plus a $6 per square foot CAM fee. The property is located on North Claiborne Avenue.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    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.

    Similar Places Nearby

    Oak Park Shopping Center, Parqueo, Green Tree Limited, L A B E L S & 100 Solutions

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0600863
    Latitude
    29.9730139

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    FAQs

    What type of property is this?
    Shopping center - Retail suites and apartments for rent on N Claiborne.
    Where is this shopping center located?
    The property is located at 1950 N Claiborne Ave New Orleans, LA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - New retail shopping center on North Clairborne Ave.; - **8,000 SF of retail space with eight (8) 1,000 SF suites.**; - **Endcap suites available at $30 PSF, interior space at $28 PSF.**
    (225) 413-0571
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    1950 N Claiborne Ave New Orleans, LA 70116
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    New Orleans, LA 70116
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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
    1950 N Claiborne Ave New Orleans, LA 70116
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