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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

1935 Louisiana Ave New Orleans, LA 70115-5226

6,076 SF 0.1 ac lot Built 1920
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US36-0487795
Property summary
AI-generated overview

This exceptional mixed-use development opportunity is located at 1935 Louisiana Avenue, New Orleans, Louisiana, at the corner of Louisiana Avenue and Danneel Street. The property boasts approximately 6,076 square feet of improvements across five units, situated on a 4,200 square foot lot. Currently vacant, this offering presents a unique chance to capitalize on a prime location. The asking price is $800,000, translating to $131.67 per square foot. The property is a two-story building zoned Hu-mu (Historic Urban Neighborhood Mixed-use District), allowing for a wide range of potential uses. All measurements are approximate and should be independently verified by the purchaser. Similarly, zoning, overlays, and intended use should be verified by the prospective lessee. The property's address is 1935 Louisiana Ave, New Orleans, LA 70115, with the APN 614305605. This is a fantastic investment opportunity for owner-users seeking a high-visibility location in a vibrant New Orleans neighborhood. The property offers significant frontage on both Louisiana Avenue and Danneel Street, providing excellent exposure for any business.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1920
Total area 6,076 SF
Lot 0.1 ac (4,200 SF)
APN 614305605
UPID US36-0487795
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
Current use
Occupant on record · Public records
  • Family Discount Food Store Grocery & Convenience Store Food Market
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
1935 Louisiana Ave LLC · 4 yrs held
1935 Louisiana Ave LLC
since 2021
Last sale
$484,000
3 recorded transactions
2025
Price N/A
2021
$484,000
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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