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Two-Level Mixed-Use Building
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2508/2510 Tulane Ave, New Orleans, LA 70119

Ground-floor retail is paired with multifamily space above in an MU-2 High Intensity Mixed-Use District.

Property Size4,576 SF
Price / SF$98.34
Days on Market11

Property Features for 2508/2510 Tulane Ave

General Information

Standard status Active
Size 4,576 SF
Property subtype Office
Zoning MU-2 High Intensity Mixed-Use District

Additional Details

Cap Rate 7.99%

Building Details

Buildings 1
Stories 2
Listing Agency: Property One Inc
Listed By: Matt Taylor · License #LA 0000006690
Source: Crexi
Added: Aug 12 Changed: Aug 19 Last Checked: Aug 21 at 11:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Property One Inc

Investment Insights

Based on property information with market context.

This mixed-use building at 2510 Tulane Avenue combines retail space on the ground floor with multifamily space on the level above. The property is designated MU-2 High Intensity Mixed-Use District, supporting its blend of commercial and residential components.

The building is across Tulane Avenue from a new Trader Joe’s facility and is situated in the area of the Department of Veterans Affairs Medical Center. The property is associated with an approximately 7.99 percent cap rate. A vacant lot behind the building and the neighboring building may also be available for separate purchase.

Key Highlights

  • Retail space occupies the ground floor, with multifamily space on the second floor
  • Zoned MU‑2 High Intensity Mixed‑Use District
  • Approximately 7.99 percent cap rate

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Pet Grooming Service Veterinary Clinic Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,235
Businesses Nearby

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail is paired with multifamily space above in an MU-2 High Intensity Mixed-Use District.
Where is this mixed-use property located?
The property is located at 2508/2510 Tulane Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Retail space occupies the ground floor, with multifamily space on the second floor; Zoned MU‑2 High Intensity Mixed‑Use District; Approximately 7.99 percent cap rate
(985) 807-4120 Call to check price and availability
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