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Property profile & analytics

2011 Magazine St New Orleans, LA 70130-5017

  • Retail space
  • 8,800 SF
  • 0.11 lot acres
OFF-MARKET
Value Estimations
$245,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US36-0063784
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • JazzFest Gallery / Jazz Club / Record Store
  • Restrung Jewelry / Jewelry Store

Property Details for 2011 Magazine St

Year built
1940
Lot size
0.11 lot acres
Property size
8,800 SF
Property type
Retail space
APN
411203615
APU
411203615

Description

This exceptional property at 2011 Magazine Street in New Orleans' vibrant Lower Garden District offers four versatile office and retail suites totaling 8,908 square feet within a two-story building. The suites, ranging in size from approximately 1,310 square feet to the entire building, are available for lease individually or in combination to suit various business needs. Located on Magazine Street, the property benefits from high visibility and proximity to numerous restaurants, shops, and local amenities, attracting a diverse clientele of residents, students, and tourists. The second-floor suites feature abundant natural light from ceiling windows, creating a bright and welcoming atmosphere. The landlord is willing to consider tenant improvement allowances for qualified tenants. The property is offered as a Net, Net, Net (NNN) lease, with estimated NNN fees of $5.50 per square foot. This presents a unique opportunity to establish a presence in one of New Orleans' most desirable and sought-after locations. The building's traditional and creative office space options cater to a wide range of businesses. This is a multi-tenant building in Orleans Parish, Louisiana, with a zip code of 70130.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $245,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New Orleans
County
Orleans
State
Louisiana
Longitude
-90.0751
Latitude
29.931
CBSA code
35380
CBSA name
NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$16,100
$220,050
$236,150
-
$161,000
$1,467,000
$1,628,000
More about this property
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