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1600 Tchoupitoulas St New Orleans, LA 70130-1817

OFF-MARKET Showrooms Google Maps
9,720 SF 2.81 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$280k
Range $252k – $308k (±10%)
Property ID US36-0262815

Property summary

AI-generated overview

This exceptional 9,990-square-foot warehouse property at 1600 Tchoupitoulas Street in New Orleans, Louisiana, presents a compelling investment opportunity. Located in Orleans Parish, zip code 70130, this single-tenant industrial space boasts a highly desirable location offering unparalleled access to key areas of the city. The property's strategic position provides easy access to the Port of New Orleans, the Convention Center, the Central Business District (CBD), and Downtown New Orleans, ensuring efficient logistics and convenient commutes. The warehouse itself features ample space for storage and operations, complemented by a convenient dock for loading and unloading. An attached office space provides additional functionality for administrative needs. The entire property is securely enclosed within a completely fenced perimeter, enhanced by an electronic gate for added security and peace of mind. Recent improvements include a thorough cleanup of both the warehouse and the adjacent yard, ensuring the property is in excellent condition and ready for immediate occupancy. This turnkey solution eliminates the need for extensive renovations or repairs, allowing for a swift and seamless transition for the new owner. The property's combination of size, location, and recent improvements makes it an ideal choice for businesses seeking a functional and strategically located warehouse in the heart of New Orleans.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1970
Total area 9,720 SF
Lot 2.81 ac (122,541 SF)
APN 101100701
UPID US36-0262815

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $2.3M +11.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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