Financial
Distress signals
Property profile

124 Baronne St New Orleans, LA 70112

FOR LEASE
Office buildings
Property ID
US36-0507305
23,424 SF 0.13 ac lot Built 1920
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial retail space comprising approximately 4,500 square feet. It is located on Baronne Street in New Orleans, Louisiana, within Orleans Parish (Orleans County).

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$112k
Assessed land$35k
Assessed improvement$77k

Value estimate

· Sep 2026
$710k
$639k – $781k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$2k
Operating expenses−$24k
NOI · 854.86% cap applied$56k

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?
854.86%
$56k 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: Home Appliance Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Home Appliance Store9.7
HVAC Service9.4
Dry Cleaner9.0

Location

124 Baronne St New Orleans, LA 70112
County assessor Recorded deeds · not on file 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
353 Baronne, New Orleans, LA 70112-1628 $3,460,000 Jan 2026 12,570 SF
915 Saint Louis, New Orleans, LA 70112-3417 $1,145,000 Nov 2023 2,546 SF
814 Gravier, New Orleans, LA 70112-1408 $2,260,000 Jun 2022 14,190 SF
341 Baronne, New Orleans, LA 70112-1628 $1,775,000 Oct 2020 6,892 SF
309 Baronne, New Orleans, LA 70112-1605 $1,500,000 Apr 2019 8,184 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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