Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2727 Saint Charles St New Orleans, LA 70130
    Back to Search
    Property profile & analytics

    2727 Saint Charles St, New Orleans, LA 70130

    View on Map
    • Bed & breakfasts
    • 7,892 SF
    • 0.20 lot acres
    For Sale
    $3,200,000
    View Listing →
    Historic St. Charles Avenue Residence For Sale
    $3,200,000
    7,671 SF

    Historic St. Charles Avenue Residence

    Iconic New Orleans residence with versatile use and historic charm.

    2727 SAINT CHARLES Street, New Orleans, LA 70130
    View Listing
    Property ID
    US36-0759461
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bed & breakfasts

    Property Details for 2727 Saint Charles St

    Year built
    1800
    Construction
    FRAME
    Lot size
    0.20 lot acres
    Property type
    Bed & breakfasts
    APN
    412105401
    APU
    412105401

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 24, 2021 $1,872,000 2727 St Charles LLC The Succession Of Bonnie An Rabe Deed $1.2M · Resource Bank
    — — Bonnie A Rabe — Deed Of Trust · related $200k · Iberiabank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,545,000
      ML approach
      $1,555,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,178,000
      Market price range: $1.08M - $2.18M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,540,000
      Current use
      OFFICE BUILDING
      $1,845,000
      Change: +20% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,655,000
      Change: +7% Conversion: Difficult
      RESTAURANT
      $1,490,000
      Change: -3% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -90.0861
    Latitude
    29.9314
    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
    $42,000
    $145,200
    $187,200
    -
    $420,000
    $1,452,000
    $1,872,000

    Comparable in this City

    • Value Estimation by Request
      4,189 SF

      2705 Chestnut St

      BED & BREAKFAST
      2705 Chestnut St, New Orleans, LA 70130-5733
      View Details
    • Value Estimation by Request
      7,588 SF

      1441 Magazine St

      BED & BREAKFAST
      1441 Magazine St, New Orleans, LA 70130-4238
      View Details
    • Value Estimation by Request
      4,910 SF

      2409 Saint Charles Ave

      BED & BREAKFAST
      2409 Saint Charles Ave, New Orleans, LA 70130-5882
      View Details
    • Value Estimation by Request
      5,765 SF

      1726 Prytania St

      BED & BREAKFAST
      1726 Prytania St, New Orleans, LA 70130-5218
      View Details
    • Value Estimation by Request
      6,536 SF

      1133 Margaret Pl

      BED & BREAKFAST
      1133 Margaret Pl, New Orleans, LA 70130-4311
      View Details
    • Value Estimation
      $2,215,000
      7,977 SF

      2631 Prytania St

      BED & BREAKFAST
      2631 Prytania St, New Orleans, LA 70130-5903
      View Details

    Similar Nearby for Sale

    • $3,200,000
      7,671 SF

      Historic St. Charles Avenue Residence

      Iconic New Orleans residence with versatile use and historic charm.
      2727 Saint Charles St, New Orleans, LA 70130
      View Details
    • Contact for pricing
      38,729 SF

      Downtown Historic Buildings For Sale

      Three interconnecting buildings in downtown New Orleans, ideal for development.
      320 Camp St, New Orleans, LA 70130
      View Details
    • $2,599,000
      7,757 SF

      Garden District Queen Anne Mansion

      Historic New Orleans mansion with income potential and modern amenities.
      2503 St Charles Ave, New Orleans, LA 70130
      View Details
    • Contact for pricing
      10,300 SF

      New Orleans Office Building

      Office building available for sale in New Orleans, Louisiana.
      610 Girod St, New Orleans, LA 70130
      View Details
    • $399,000

      French Quarter Retail Condo

      Retail condominium in the heart of the historic French Quarter.
      519 Saint Louis St, New Orleans, LA 70130
      View Details
    • $4,590,000
      9,183 SF

      French Quarter Mixed-Use Opportunity

      Historic building with retail and residential redevelopment potential.
      409 Royal St, New Orleans, LA 70130
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,960 SF

      Retail Space on Tchoupitoulas Street

      Retail space available for rent on Tchoupitoulas Street.
      852-860 Tchoupitoulas St, New Orleans, LA 70130
      View Details
    • Contact for pricing
      2,860 SF

      Office Space in New Orleans

      Office space available for rent in New Orleans, LA.
      300 Lafayette St, New Orleans, LA 70130
      View Details
    • Contact for pricing

      Magazine Street Flex Space Available

      5,270 SF flex space for lease on Magazine Street.
      New, New Orleans, LA 70130
      View Details
    • Contact for pricing

      Prime Retail Space in Arts District

      Ground-floor retail space in the heart of the Arts District.
      400 Julia St, New Orleans, LA 70130
      View Details
    • Contact for pricing

      CBD Retail or Office Space

      Prime two-story retail/office space in New Orleans' CBD.
      230 Carondelet St, New Orleans, LA 70130
      View Details
    • Contact for pricing
      2,447 SF

      Office Space with Parking Lot

      Office space featuring a parking lot and in-house cafeteria.
      525 St. Charles Ave, New Orleans, LA 70130
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2727 Saint Charles St
    New Orleans, LA 70130
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2727 Saint Charles St, New Orleans, LA, 70130
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!