Financial
Distress signals
Property profile

1582 Magazine St New Orleans, LA 70130

FOR SALE
Office buildings
Property ID
US36-0152919
5,856 SF 0.13 ac lot Built 1950
Last sale Feb 2020 · $1,530,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

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$180k
Assessed land$20k
Assessed improvement$160k

Value estimate

· Sep 2026
$1.35M
$1.21M – $1.48M
AI approach$1.27M
CAP approach$1.42M
Submarket $/SF estimate$1.69M
NOI build-up
Gross scheduled income$136k
Vacancy & credit loss−$12k
Operating expenses−$56k
NOI · 170,392.50% cap applied$68k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$234/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$135 – $288

Cap rate analysis

How does the asset earn?
170,392.50%
$68k 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.1
Barber Shop11.1
Laundromat10.1

Location

1582 Magazine St New Orleans, LA 70130
County assessor Recorded deeds · 4 transfers 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
717 Saint Charles, New Orleans, LA 70130-3713 $1,600,000 Jan 2022 6,180 SF
2125 Saint Charles, New Orleans, LA 70130-5320 $1,560,000 Nov 2021 8,280 SF
512 Gravier, New Orleans, LA 70130 $1,900,000 Nov 2021 6,579 SF
204 Saint Charles, New Orleans, LA 70130-2903 $1,162,500 Oct 2021 5,112 SF
426 Gravier, New Orleans, LA 70130-2419 $1,040,000 Apr 2019 4,968 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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