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    837 Gravier St New Orleans, LA 70112

    • Apartment buildings
    • 218,395 SF
    • 0.30 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US36-0394450
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Farrell Insurance / Insurance Agency
    • Hughes Mathews Legal Group / Insurance Attorney / Law Firm
    • Dream Suites Corporate Solutions / Furnished Apartment Building / Apartment Complex
    • Gravier Place Apartments / Apartment Building
    • GardaWorld / Security Service / Consultant

    Property Details for 837 Gravier St

    Year built
    1920
    Lot size
    0.30 lot acres
    Property size
    218,395 SF
    Property type
    Apartment buildings
    APN
    105101609
    APU
    105101609

    Description

    This exceptional 1,314 square foot office space, located in Suite E at 837 Gravier Street, presents a fantastic opportunity for a single tenant. Situated on the highly visible corner of Common and Gravier Streets in the Central Business District, this property benefits from significant pedestrian traffic, making it ideal for a variety of commercial uses. The space is a traditional office layout, offering ample room for a business seeking a prominent location. Utilities are conveniently handled with the tenant responsible for electricity (via sub-metering or an agreed-upon estimate) and janitorial services. Water, sewer, and trash removal are included in the lease. An additional rent charge of $1.50 per square foot covers building insurance for ground floor spaces. This prime location and attractive lease terms make this office space a compelling investment. The building's strategic corner location ensures high visibility and accessibility, attracting potential clients and employees alike. The efficient layout and included utilities contribute to a cost-effective and convenient workspace. Don't miss this chance to secure a thriving business location in the heart of New Orleans' Central Business District.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -90.0721
    Latitude
    29.9526
    CBSA code
    35380
    CBSA name
    NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $77,240
    $834,500
    $911,740
    -
    $772,400
    $12,984,400
    $13,756,800

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    837 Gravier St
    New Orleans, LA 70112
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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
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