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Property profile & analytics
OFF-MARKET Estimated value $400,000
Showrooms

200 Hbr Cir New Orleans, LA 70126-1104

12,120 SF 0.57 ac lot Built 1960
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US36-0478838
Property summary
AI-generated overview

This exceptional 12,120 square foot, two-story office/warehouse property in New Orleans is now available for lease. The single-tenant building features approximately 7,146 square feet of usable space, ideally suited for a variety of businesses. The warehouse component boasts a convenient dock-high door and a rear grade-level door, enhancing operational efficiency. A substantial laydown yard is situated at the rear of the property, providing valuable additional storage or staging area. The property is ready for immediate occupancy and includes three restrooms and a refrigerator on each of the two floors. Strategically located approximately 15 minutes from the New Orleans Lakefront Airport and Interstate 10, this location offers unparalleled access to major transportation arteries, making it perfect for logistics and operations. The property's Orleans Parish address is 200 Harbor Cir, New Orleans, LA 70126, and its APN is 39W015270. This versatile property combines office and warehouse space with the added benefit of a laydown yard, presenting a unique opportunity for businesses seeking a functional and conveniently located space.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1960
Total area 12,120 SF
Lot 0.57 ac (24,914 SF)
APN 39W015270
UPID US36-0478838
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
  • Grip Systems Warehouse & Storage
  • Verges Consultants Inc Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k
Owner & transaction history
200 Harbor Circle LLC · 3 yrs held
200 Harbor Circle LLC
since 2023
Last sale
$515,000
1 recorded transaction
2023
$515,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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