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Mixed-Use Building with Retail
New
For Sale
$600,000

2512/2514 Tulane Ave. New, New Orleans, LA 70119

The property includes office, retail, and multifamily tenants within an MU-2 district.

Property Size4,576 SF
Days on Market7

Property Features for 2512/2514 Tulane Ave. New

General Information

Standard status Active
Size 4,576 SF
Class C
Property subtype Multi Tenant Office
Zoning MU-2

Additional Details

Cap Rate 8.82%

Building Details

Building Size 4,576 SF
Buildings 1
Tenancy Multi
Listing Agency: Property One, Inc.
Listed By: Mike D'Amico · License #000072272
Source: Thebrokerlist
Added: Aug 16 Changed: Aug 21 Last Checked: Aug 22 at 3:34AM

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 income-producing mixed-use building combines office, retail, and multifamily occupancy. Multifamily space is located on the second floor, while office and retail tenants contribute to the property’s commercial use. The asset is designated MU-2 High Intensity Mixed-Use District and carries an approximately 8.82% cap rate.

The building occupies a position on Tulane Ave. across from a new Trader Joe’s facility. The Department of Veterans Affairs medical facility is nearby, and University Medical Center is located down the street. The property is identified as 2512/2514 Tulane Ave., New Orleans, LA 70119. A vacant lot and the neighboring building may also be available for separate purchase, subject to transaction terms.

Key Highlights

  • Office, retail, and multifamily tenants
  • Approximately 8.82% cap rate
  • MU‑2 High Intensity Mixed‑Use District zoning

Property Analytics

Current Use

Office buildings

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,802
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 Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property includes office, retail, and multifamily tenants within an MU-2 district.
Where is this mixed-use property located?
The property is located at 2512/2514 Tulane Ave. New New Orleans, LA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Office, retail, and multifamily tenants; Approximately 8.82% cap rate; MU‑2 High Intensity Mixed‑Use District zoning
More about this property
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