Cottage-Style Office
6444 JEFFERSON Highway New Orleans, LA 70123
6444 JEFFERSON Highway, New Orleans, LA, 70123
$325,000
For Sale
$325,000
Office building with reception, five offices, a full kitchen, two bathrooms, and gated private rear parking.
Property Size1,339 SF
Price / SF$242.72
Days on Market320
Property Features for 6444 JEFFERSON Highway
General Information
- Standard status
- Active
- Size
- 1,339 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1933
Listing agency
Watermark Realty, LLC
(504) 390-2218
Listed by
Nina Cefalu · License #NOM
(504) 390-2218
Source
Xome
Added: Sep 6, 2025 Updated: Jul 21 at 12:41AM Checked: Jul 21 at 3:04AM
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 Watermark Realty, LLC
Investment Insights
Based on property information with market context.
This cottage-style office building is set up for professional service and administrative use, with a reception area, five offices, a full kitchen, and two bathrooms. The layout also includes a dedicated storage room for organizing supplies, files, or equipment.
The property is positioned directly across from City Hall and the Police District, creating a highly visible, civic-facing presence. Off-street parking is available in the rear, along with a gated private parking lot.
Overall, the interior configuration supports a multi-office arrangement with dedicated reception space, while the parking setup is designed to accommodate both staff and client visits.
The property is positioned directly across from City Hall and the Police District, creating a highly visible, civic-facing presence. Off-street parking is available in the rear, along with a gated private parking lot.
Overall, the interior configuration supports a multi-office arrangement with dedicated reception space, while the parking setup is designed to accommodate both staff and client visits.
Key Highlights
- Cottage‑style commercial office building built in 1933 in C‑2 zoning
- Reception area plus five offices for professional or administrative use
- Full kitchen and two bathrooms, including one full bath with a shower
Local Financial Insights For Office B
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 | $29.4k | $21.96 |
| − Vacancy | −$4.6k | −$3.40 |
| EGI | $24.8k | $18.56 |
| − OpEx | −$6.2k | −$4.64 |
| NOI | $18.6k | $13.92 |
1,339 SF · lease $21.96/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$266.2K
$232.9K – $310.6K
NOI $18,635 @ 7.0% cap · market cap 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.5K
$300.6K – $400.8K
NOI $24,045 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Office building with reception, five offices, a full kitchen, two bathrooms, and gated private rear parking.
Where is this office building located?
The property is located at 6444 JEFFERSON Highway New Orleans, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Cottage‑style commercial office building built in 1933 in C‑2 zoning; Reception area plus five offices for professional or administrative use; Full kitchen and two bathrooms, including one full bath with a shower