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Property profile & analytics
OFF-MARKET
Investment properties

1827 Rampart St New Orleans, LA 70113-1434

6,403 SF 0.06 ac lot Built 1920
Entity Owned 2-yr Hold Free & Clear
Property ID
US36-2552975
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1827 S Rampart St in New Orleans, Louisiana, presents a compelling investment opportunity. The 6,403 square foot building boasts a prime location, just a block from Simon Bolivar Ave and within a 5-10 minute drive of US 90 Business, the vibrant French Quarter, and the bustling Central Business District. This strategic positioning ensures high visibility and accessibility, attracting significant foot traffic and offering substantial development potential. The property features a spacious ground floor, ideal for a variety of commercial uses, currently configured as an event space. Upstairs, two residential units, currently occupied under Section 8 housing, provide a consistent stream of rental income. The building is a two-story structure with an Orleans Parish APN of 412204606 and a zip code of 70113. Offered at $799,999, this translates to a price per square foot of $124.94. This property is perfect for investors seeking a blend of commercial and residential income in a thriving New Orleans neighborhood. The combination of a versatile ground floor space and stable rental income from the upper-level units makes this a truly unique and attractive investment. Don't miss this chance to own a piece of New Orleans' vibrant commercial landscape.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Total area 6,403 SF
Lot 0.06 ac (2,666 SF)
APN 412204606
UPID US36-2552975
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Revive Estate Holdings LLC · 2 yrs held
Revive Estate Holdings LLC
since 2024
5 recorded transactions
2024
Price N/A
2017
Price N/A
2017
Price N/A
2015
$180,000
2008
$212,667
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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