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Financial
Distress signals
Property profile

209 N Broad St New Orleans, LA 70119

FOR SALE
Office buildings
Property ID
US36-0714714
4,160 SF 0.13 ac lot Built 1960
Last sale Feb 2024 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional two-story, 4,160 square foot office building presents a unique investment or leasing opportunity in New Orleans' vibrant Mid-City neighborhood. Located at 209 N. Broad Street, this property boasts high visibility across from Whole Foods Market and is surrounded by a mix of local and national businesses. The building features two suites, with a minimum divisible space of 2,100 square feet and a maximum contiguous space of 4,160 square feet. The ground floor is currently…

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$43k
Assessed land$8k
Assessed improvement$35k

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$200k
NOI build-up
Gross scheduled income$100k
Vacancy & credit loss−$12k
Operating expenses−$33k
NOI · 8.79% cap applied$55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$68 – $139

Cap rate analysis

How does the asset earn?
8.79%
$55k 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.0
Home Appliance Store11.7
Pawn Shop11.6

Location

209 N Broad St 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
137 Clark, New Orleans, LA 70119-5244 $625,000 May 2024 3,272 SF
2915 Bienville, New Orleans, LA 70119-5520 $375,000 Apr 2024 4,107 SF
126 Norman C Francis, New Orleans, LA 70119 $360,000 Apr 2022 3,396 SF
1639 Gentilly, New Orleans, LA 70119-2161 $675,000 Dec 2021 5,036 SF
4411 Canal, New Orleans, LA 70119-5946 $1,000,000 Jan 2021 4,206 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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