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    829 Baronne St New Orleans, LA 70113

    For Sale
    $2,595,000

    Prime Location, Executive Office Space

    Property size:
    6,192 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story, Class B office building, located at 829 Baronne Street in New Orleans' Central Business District (CBD), is offered for sale at $2,595,000. Boasting 6,192 square feet of office space with a net rentable area of 12,361 square feet, the property features 100% occupancy under a gross lease expiring October 30, 2024. The building sits on a 0.18-acre lot (7,785 square feet) and includes two on-site parking spaces. The property is zoned CBD-5, allowing for mixed-use development within the urban core. Its prime location offers convenient access to the Pontchartrain Expressway and is surrounded by numerous amenities, including Rouses Market, FedEx Office, True Food Kitchen, NOLA Caye Restaurant, Anti-Gravity Salon, and Mammoth Espresso Coffee. The building presents a compelling owner/user investment opportunity in a thriving New Orleans submarket, Uptown-Garden District. The price per square foot is $209.93. This single-tenancy property provides a stable income stream and significant potential for future growth. The building's classic New Orleans architecture and desirable location make it an attractive investment for discerning buyers.

    Property Features for 829 Baronne St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,192 SF
    Class
    B
    Lot Size
    7,841 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Class B, two‑story office building for sale at $2,595,000 in New Orleans' Central Business District.
    • Convenient CBD location with easy Pontchartrain Expressway access.
    • Nearby amenities include Rouses Market, FedEx Office, True Food Kitchen, NOLA Caye Restaurant, Anti‑Gravity Salon, and Mammoth Espresso Coffee.
    • 7,785 square foot lot in the Uptown‑Garden District submarket.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stacey Williams Marcel, ... Mediation Service Metzger Gerard G Attorney Jernigan Law Firm Attorney Whittaker Bruce G Criminal Justice Attorney The Gordon Law Firm Legal Services

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0747862
    Latitude
    29.9458904

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, Executive Office Space
    Where is this office property / space located?
    The property is located at 829 Baronne St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $2,595,000.
    What are key features of this property?
    This property features: Class B, two-story office building for sale at $2,595,000 in New Orleans' Central Business District.; Convenient CBD location with easy Pontchartrain Expressway access.; Nearby amenities include Rouses Market, FedEx Office, True Food Kitchen, NOLA Caye Restaurant, Anti-Gravity Salon, and Mammoth Espresso Coffee.
    Request Owner's contact information
    829 Baronne St New Orleans, LA 70113
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    New Orleans, LA 70113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    829 Baronne St New Orleans, LA 70113
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