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Property profile

200 S Broad St 8a New Orleans, LA 70119

FOR LEASE
Retail space
Property ID
US36-2516126
16,980 SF 0.09 ac lot Built 1960
Last sale Mar 2008 · $425,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a second-floor office suite within a commercial building completed in 2007, served by an elevator. The suite layout includes two private offices, a reception and waiting area, and a dedicated restroom within the unit. The building has a secured lobby with an interior security desk and provides on-site parking for up to 32 vehicles. The property is zoned COM and is located near Canal Street, approximately two blocks from the Orleans Parish Courthouse, in Downtown New Orleans.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$98k
Assessed land$10k
Assessed improvement$89k

Value estimate

· Oct 2026
$760k
$684k – $836k
Submarket $/SF estimate$736k
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$4k
Operating expenses−$4k
NOI · 1,113.75% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$57 – $234

Cap rate analysis

How does the asset earn?
1,113.75%
$13k 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: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.5
Tailor Shop8.5
Optical Shop8.4

Location

200 S Broad St, Unit 8a New Orleans, LA 70119
County assessor Recorded deeds · 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2538 Poydras, New Orleans, LA 70119-7401 $2,100,000 Jul 2025 13,272 SF
2532 Poydras, New Orleans, LA 70119-7401 $777,000 Jun 2025 11,660 SF
318 Alexander, New Orleans, LA 70119-4506 $3,700,000 Oct 2024 9,838 SF
2630 Banks, New Orleans, LA 70119-7402 $181,812 Mar 2024 9,360 SF
2543 Perdido, New Orleans, LA 70119 $2,100,000 Jul 2023 11,500 SF
819 Broad, New Orleans, LA 70119-4208 $750,000 Mar 2023 5,553 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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