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Property profile & analytics
OFF-MARKET Estimated value $730,000
Office Spaces

1001 Julia St R1 New Orleans, LA 70113-1948

6,870 SF 0.04 ac lot
Entity Owned 7-yr Hold Free & Clear
Property ID
US36-2384324
Property summary
AI-generated overview

This exceptional retail opportunity is located within The Standard at South Market, a vibrant mixed-use development in New Orleans' Uptown-Garden District submarket. The property boasts a total of 111,150 square feet across a single, twelve-story building (APN 41222424, zoned CBD-1). Three retail spaces are currently available, ranging from 1,138 to 3,170 square feet. Situated at 1001 Julia Street, this location benefits from high visibility and foot traffic due to its prime position within the bustling South Market District. The surrounding area is renowned for its mix of local boutiques, award-winning restaurants, and national retailers, creating a dynamic and attractive environment for businesses. The property's strategic location near major landmarks such as the Superdome, Smoothie King Center, and Champions Square ensures significant exposure to both locals and tourists. This is an unparalleled chance to establish a presence in one of New Orleans' most sought-after commercial districts. The building's ground floor retail spans O'Keefe Ave, Julia St, and S Rampart St, offering excellent street frontage and accessibility. Existing successful tenants include Willa Jean, The Daily Beet, Poke Loa, MayPop, Morrow's Steakhouse, District Donuts, Hype Haus, and Blanc Beauty Bar, further enhancing the area's appeal and desirability. This is a rare opportunity to join a thriving community in a high-traffic, high-visibility location.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Construction CONCRETE
Total area 6,870 SF
Lot 0.04 ac (1,741 SF)
APN 103105514
UPID US36-2384324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Storage Containers USA Big Box & Wholesale Store Shipping Company
  • The Standard At South Market Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$764k
Blend (final) Blend
$730k
Owner & transaction history
Standard Retail LLC · 7 yrs held
Standard Retail LLC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.0M +11.3%
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