Financial
Distress signals
Property profile

608 Baronne St New Orleans, LA 70113

FOR LEASE
Office buildings
Property ID
US36-2526244
3,636 SF 0.05 ac lot Built 1900
Last sale Sep 2021 · $975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$140k
Assessed land$12k
Assessed improvement$128k

Value estimate

· Sep 2026
$805k
$725k – $886k
AI approach$815k
CAP approach$880k
Submarket $/SF estimate$714k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$3k
Operating expenses−$4k
NOI · 847.07% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$133/SF
Submarket average, outlier-cleaned · 136 recorded sales of this use type
Observed band · Q1–Q3$61 – $196

Cap rate analysis

How does the asset earn?
847.07%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORLEANS

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.3
Home Appliance Store9.1
Locksmith8.7

Location

608 Baronne St New Orleans, LA 70113
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1022 Rampart, New Orleans, LA 70113 $70,000 Feb 2025 1,891 SF
826 Baronne, New Orleans, LA 70113-1103 $1,659,000 Jun 2022 7,440 SF
1929 Jackson, New Orleans, LA 70113-1511 $110,000 Jan 2020 2,128 SF
833 Baronne, New Orleans, LA 70113-1102 $1,840,000 Aug 2019 6,383 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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