2622 BAYOU ROAD New Orleans, LA 70119
2622 BAYOU ROAD, New Orleans, LA, 70119
$299,000
For Sale
$299,000
COMMERCIAL - New Orleans, LA
Property Size1,067 SF
Price / SF$280.22
Days on Market93
Property Features for 2622 BAYOU ROAD
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HU-MU
- Standard status
- Active
- APN
- 2622-BAYOURD
- Size
- 1,067 SF
Taxes and HOA fees
- Tax Description
- 1. SQ 1529 LOT B BAYOU RD 2. 4-26 OVER 28 X 34 OVER 9-21 3. SGLE/FR 2/ST 6/RM S/R
Utilities
- Water source
- Public
Building Details
- Year built
- 2015
- Floors in Building
- 2
Listing agency
Keller Williams Realty New Orleans
(504) 862-0100
Listed by
James Howell · License #000033645
(504) 862-0100
Added: Apr 21 Updated: May 9 at 10:45AM Checked: Jul 22 at 2:06AM
MLS# 2552743
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Active, transferable Commercial Short Term Rental license with solid rental history and future bookings; turnkey opportunity with existing property management available.
- Prime location: just 3 blocks from Fairgrounds, minutes from Bayou St. John, City Park, and French Quarter.
- Sold fully furnished and move‑in ready, ideal for primary residence, second home, or short‑term rental.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.8k | $23.28 |
| − Vacancy | −$2.3k | −$2.12 |
| EGI | $22.6k | $21.16 |
| − OpEx | −$10.2k | −$9.52 |
| NOI | $12.4k | $11.64 |
1,067 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$177.4K
$155.2K – $207.0K
NOI $12,419 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$279.2K
$244.3K – $325.7K
NOI $19,544 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
Where is this single family property located?
The property is located at 2622 BAYOU ROAD New Orleans, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Active, transferable Commercial Short Term Rental license with solid rental history and future bookings; turnkey opportunity with existing property management available.; Prime location: just 3 blocks from Fairgrounds, minutes from Bayou St. John, City Park, and French Quarter.; Sold fully furnished and move‑in ready, ideal for primary residence, second home, or short‑term rental.
