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    2123 Tchoupitoulas St New Orleans, LA 70130

    For Lease
    $8 SF/Yr ($17,808 /Mo)

    Prime Warehouse Space, Lower Garden District

    Lot size:
    26,712 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional warehouse property, located at 2123 Tchoupitoulas St in New Orleans' Lower Garden District, offers 26,712 square feet of versatile space across two connected buildings. The property boasts a 32,640 square foot lot, 15-foot eave height, and a 28-foot ridge height, providing ample room for various uses. Four dock-high doors (one internal) facilitate efficient loading and unloading. The warehouse features 3-phase, 400-amp electric service. Zoned HU-MU, the property currently holds a legal non-conforming use as a warehouse. Its strategic location offers excellent visibility on Tchoupitoulas Street, with easy access to I-10, the Crescent City Connection, and the Port of New Orleans. Nearby amenities include the Convention Center, Mardi Gras World, and numerous breweries, restaurants, and shops. The property is also within close proximity to recent developments, including The Exchange Pickleball + Bar and the redevelopment of the former Sara Mayo Hospital. Minimum leasable space is 11,505 square feet, with a maximum contiguous space of 26,712 square feet. The roof coating has a warranty extending through March 2029. Surface parking is available. Potential uses include warehouse, catering kitchen, brewery, distillery, artisan manufacturing, health club, social club, indoor amusement facility, or recording studio. This property presents a strong investment opportunity with significant long-term value and potential for future redevelopment.

    Property Features for 2123 Tchoupitoulas St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,712 SF
    Total Rate
    17808

    Building Details

    Buildings
    2

    Unit(s) available at that property

    Space
    Size
    26,712 SF
    Rate per SF
    $8

    HighLights

    • Three‑phase, 400‑amp electrical service.
    • Four dock‑high loading doors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    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
    -90.070386937649
    Latitude
    29.924022508208

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    FAQs

    What type of property is this?
    Distribution property - Prime Warehouse Space, Lower Garden District
    Where is this distribution property located?
    The property is located at 2123 Tchoupitoulas St New Orleans, LA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Three-phase, 400-amp electrical service.; Four dock-high loading doors.;
    Request Owner's contact information
    2123 Tchoupitoulas St New Orleans, LA 70130
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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
    2123 Tchoupitoulas St New Orleans, LA 70130
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