Property profile

1216 Bienville St New Orleans, LA 70112

FOR SALE
Retail space
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Property ID
US36-0529133
1,835 SF 0.05 ac Built 1880
Last sale Dec 2004·$60,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
1216 Bienville St, New Orleans, LA 70112 For Sale
$499,000 1,835 SF
1216 Bienville St, New Orleans, LA 70112
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$24k
Assessed land$7k
Assessed improvement$17k

Value estimate

· Nov 2026
$315k
$284k – $347k
AI approach$230k
NOI build-up
Gross scheduled income$76k
Vacancy & credit loss−$2k
Operating expenses−$22k
NOI · 10.48% cap applied$52k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$57 – $234

Cap rate analysis

How does the asset earn?
10.48%
$52k 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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.9
Daycare Center12.3
Dental Office11.4

Location

1216 Bienville St New Orleans, LA 70112
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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1417 Lafitte, New Orleans, LA 70112 $560,000 Mar 2025 2,048 SF
1421 Lafitte, New Orleans, LA 70112-3511 $560,000 Mar 2025 4,064 SF
2041 Canal, New Orleans, LA 70112-3017 $525,000 Oct 2023 1,199 SF
326 Roman, New Orleans, LA 70112 $575,000 May 2022 2,600 SF
414 Roman, New Orleans, LA 70112 $1,350,000 Jan 2020 21,025 SF
605 Dauphine, New Orleans, LA 70112-3413 $500,000 Oct 2019 1,998 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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