Historic Ground-Floor Office
862 CAMP Street New Orleans, LA 70130
For Sale
$575,000
COMMERCIAL - New Orleans, LA
Property Size1,428 SF
Lot Size0.01 Acres
Price / SF$402.66
Days on Market146
Property Features for 862 CAMP Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CBD-5
Standard status
Active
APN
103102114P
Size
1,428 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Description
SQ 161 LOT 5 CAMP UNIT-1
Utilities
Water source
Public
Building Details
Year built
1840
Floors in Building
1
Listing Agency:
REVE, REALTORS
(504) 300-0700
Listed By:
Lance Daggs
(504) 300-0700
Added: Mar 4
Changed: Jun 4
Last Checked: Jul 28 at 8:06AM
MLS# 2545286
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.
This ground-floor commercial unit is located within Gasquet Row Townhomes and is currently occupied by a law office. The space includes 11-foot ceilings, exposed brick walls, and ample storage throughout, offering a mix of historic character and practical day-to-day functionality. A rear shared courtyard provides a quiet buffer from the activity of the street.
The property is positioned in New Orleans’ Warehouse Arts District on Camp Street, described as a primary corridor between Magazine Street and St. Charles Avenue and at the base of the Crescent City Connection. The listing also notes high street visibility and steady foot traffic moving into the CBD, with nearby access to the Convention Center and the broader CBD area.
With its existing ground-floor commercial use and flexible layout, the space can be suitable for office tenants looking to operate in a lively urban environment. It may also appeal to buyers considering continued commercial use or a potential residential conversion, subject to applicable requirements. With no HOA fees noted, an owner or operator may benefit from greater autonomy and lower overhead.
The property is positioned in New Orleans’ Warehouse Arts District on Camp Street, described as a primary corridor between Magazine Street and St. Charles Avenue and at the base of the Crescent City Connection. The listing also notes high street visibility and steady foot traffic moving into the CBD, with nearby access to the Convention Center and the broader CBD area.
With its existing ground-floor commercial use and flexible layout, the space can be suitable for office tenants looking to operate in a lively urban environment. It may also appeal to buyers considering continued commercial use or a potential residential conversion, subject to applicable requirements. With no HOA fees noted, an owner or operator may benefit from greater autonomy and lower overhead.
Key Highlights
- Prime location in the vibrant Warehouse Arts District with high street visibility and foot traffic.
- Potential for commercial use or residential conversion.
- Historic features: 11‑foot ceilings and exposed brick walls.
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 | $32.6k | $22.80 |
| − Vacancy | −$4.5k | −$3.15 |
| EGI | $28.1k | $19.65 |
| − OpEx | −$7.0k | −$4.91 |
| NOI | $21.0k | $14.74 |
1,428 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$300.7K
$263.1K – $350.8K
NOI $21,049 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$363.0K
$317.6K – $423.5K
NOI $25,407 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Ground-floor office unit with 11-foot ceilings, exposed brick, storage, and a rear shared courtyard.
Where is this office units located?
The property is located at 862 CAMP Street New Orleans, LA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Prime location in the vibrant Warehouse Arts District with high street visibility and foot traffic.; Potential for commercial use or residential conversion.; Historic features: **11‑foot ceilings and exposed brick walls.**
