8312 FRERET Street, New Orleans, LA 70118
- Added:
- Apr 10, 2025
- Days on Market:
- 455
- Last Refresh:
- Jul 8 at 3:06 pm
Property Features for 8312 FRERET Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HU-RD2
- Parking features
- Driveway
- Standard status
- Active
- APN
- 8321-BURTHEST
- Size
- 1,630 SF
Taxes and HOA fees
- Tax Description
- A portion of Lot 12-A, Square 110 Seventh Municipal District of New Orleans
Utilities
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
Listing agent Moatasim Alhindi (504) 605-4400
Listing office The McEnery Company 810 Union Street, 4th Floor, New Orleans, LA (504) 274-2701
Listing date Apr 10, 2025
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.
HighLights
- Driveway parking and public water service
- Year built: 1950
- Previously operated as a daycare, offering flexible use possibilities
- Near Loyola University and Tulane University campuses
Overview
Located in Uptown New Orleans near the campuses of Loyola and Tulane Universities, the site benefits from an established university-adjacent market area. Zoning is listed as HU-RD2, which is a key consideration for any plan to operate a commercial use or pursue a residential conversion.
For buyers and operators, the property is best suited to those seeking a smaller specialty building that can be evaluated for either continued daycare use, other potential commercial uses consistent with zoning and any grandfathering, or a residential reimagination. Investors may also consider it as a single-asset redevelopment opportunity, given the facility’s former operating layout and the option to rework the structure for residential use, subject to approvals.
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 | $37.9k | $23.28 |
| − Vacancy | −$3.5k | −$2.12 |
| EGI | $34.5k | $21.16 |
| − OpEx | −$15.5k | −$9.52 |
| NOI | $19.0k | $11.64 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Castle Kids Child Development Ctr — 7400 Leake Ave #3651, New Orleans, LA 70118
- Newcomb Child Care Center — 1305 Broadway St, New Orleans, LA 70118
- The Sunshine School — 431 Millaudon St, New Orleans, LA 70118
- LITTLE SWEET ANGELS PRESCHOOL — 404 Fern St, New Orleans, LA 70118
- University Montessori School — 7508 Burthe St, New Orleans, LA 70118
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.1334596
- Latitude
- 29.947556
