Storefront Retail
For Sale
Contact for pricing
Pending
3927 Downman Rd, New Orleans, LA 70126
1,500-square-foot storefront in S-B2 zoning with access to I-10 and nearby residential neighborhoods.
Property Size1,500 SF
Days on Market340
Property Features for 3927 Downman Rd
General Information
Standard status
Pending
Size
1,500 SF
Property subtype
Retail
Zoning
S-B2
Lease Type
NNN
Additional Details
Highway Access
Yes
Listing Agency:
Keller Williams Realty New Orleans
Listed By:
David Ernst · License #995683148
(504) 655-8304
Source:
Lacdb.resimplifi
Added: Nov 10, 2025
Changed: Oct 10
Last Checked: Oct 14 at 7:41PM
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 Keller Williams Realty New Orleans
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Investment Insights
Based on property information with market context.
This storefront retail property contains approximately 1,500 square feet within a solid commercial structure. The property is zoned S-B2 and is positioned for retail, office, service, or redevelopment applications supported by the existing commercial setting.
Located at 3927 Downman Rd in New Orleans, the property benefits from access to I-10 and proximity to major residential neighborhoods. Its location along Downman Road places the building within an established commercial corridor serving surrounding areas.
Located at 3927 Downman Rd in New Orleans, the property benefits from access to I-10 and proximity to major residential neighborhoods. Its location along Downman Road places the building within an established commercial corridor serving surrounding areas.
Key Highlights
- 1,500‑square‑foot storefront property
- S‑B2 zoning
- Access to I‑10
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,708
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,160
$474.2K
Cap Rate 7%
$338,686
$338.7K
Cap Rate 9%
$263,422
$263.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$34.6K $23.04/SF
− Vacancy
−$691 −$0.46/SF
EGI
$33.9K $22.58/SF
− OpEx
−$10.2K −$6.77/SF
NOI
$23.7K $15.81/SF
Area
ZIP 70126
Vacancy
2.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,160
Cap Rate 7%
$338,686
Cap Rate 9%
$263,422
Alternative Uses
Best Use
Retail
$338.7K
$296.4K – $395.1K
NOI $23,708 @ 7.0% cap · market cap 1,185.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.4K
$344.3K – $459.0K
NOI $27,540 @ 7.0% cap · market cap 1,377.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Home Improvements & Furnishings 23%
Hotels & Casinos 18%
Electronics 11%
Shell
Shops & Services
5,293 visits/mo
0.1 miles
Eddie's Ace Hardware Inc
Home Improvements & Furnishings
4,562 visits/mo
0.2 miles
U-Haul
Shops & Services
2,571 visits/mo
0.4 miles
Super 8 New Orleans
Hotels & Casinos
2,301 visits/mo
0.5 miles
Domino's Pizza
Dining
1,831 visits/mo
0.1 miles
Demographics for 70126, LA
30,397
Population
12,686
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
87%
High-School Grad
12.1 sq mi
ZIP Area
2,512
Density / Sq Mi
$38,229
Median Household Income
$29,510
Median Earnings
$1,118
Median Rent
$187,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in New Orleans, LA
Frequently Asked Questions
What type of property is this?
Storefront property - 1,500-square-foot storefront in S-B2 zoning with access to I-10 and nearby residential neighborhoods.
Where is this storefront property located?
The property is located at 3927 Downman Rd New Orleans, LA.
What are key features of this property?
This property features: 1,500‑square‑foot storefront property; S‑B2 zoning; Access to I‑10
