Warehouse District Development
For Lease
$15.59 SF/Yr
635 S Peters St, New Orleans, LA 70130
28,870-sf development site in New Orleans' Warehouse District.
Space SizeContact for details
Days on Market920
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 635 S Peters St
General Information
Standard status
Active
Property subtype
Hospitality
Lease Type
NNN
Building Details
Year Built
1930
Spaces For Lease
at 635 S Peters St
Available Space
$15.59/Mo
Listing Agency:
Corporate Realty - Main Office
Listed By:
Austin Lavin, CCIM · License #SALE.0995683576-ACT
(504) 432-1232
Source:
Lacdb.resimplifi
Added: Apr 9, 2024
Changed: Sep 9
Last Checked: Oct 14 at 7:35PM
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 Corporate Realty - Main Office
Investment Insights
Based on property information with market context.
The property at 635 S. Peters St is a 28,870-sf development site situated in the Warehouse District of New Orleans. The U-shaped site includes one-story warehouses and a parking lot on Girod Street, wrapping around the Ironworks, which is not included in the property. The location is a few blocks from the undergoing renovation Caesars New Orleans (formerly the Harrah’s New Orleans Hotel & Casino) and the New Orleans Ernest N. Morial Convention Center. The site is suitable for hospitality, multi-family, and mixed-use projects. The Warehouse District originated in the 1840s with warehouses serving businesses related to the Port of New Orleans. Economic rejuvenation followed the 1984 World’s Fair, resulting in a mix of commercial, residential, arts, dining, and shopping establishments.
Key Highlights
- Prime location in the heart of New Orleans' desirable Warehouse District.
- Substantial 28,870‑sf development site.
- Suited for a variety of developments: hospitality, multi‑family, and mixed‑use projects.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.34 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
8,411
Businesses Nearby
Explore this area
Business Placement
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for New Orleans, LA
$11.33 /SF/Yr
Avg Asking Price
$6–$15.59 /SF/Yr
Price Range
21,821 SF
Avg Space Size
This space is priced 38% above the average of $11.33 /SF/Yr.
Frequently Asked Questions
What type of property is this?
Commercial land - 28,870-sf development site in New Orleans' Warehouse District.
Where is this commercial land located?
The property is located at 635 S Peters St New Orleans, LA.
What is the lease rate?
The lease rate is $15.59 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of New Orleans' desirable Warehouse District.; Substantial 28,870‑sf development site.; Suited for a variety of developments: hospitality, multi‑family, and mixed‑use projects.
