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Financial
Distress signals
Property profile

3000 Royal St New Orleans, LA 70117

FOR LEASE
Turn key restaurants
View Listing
Property ID
US36-0052737
13,646 SF 0.2 ac lot Built 1940
Last sale Apr 2013 · $830,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional opportunity presents 6,493 square feet of move-in ready restaurant and brewpub space in the vibrant Bywater neighborhood, less than a mile from the French Quarter. Recently renovated, the space boasts a fully equipped, open kitchen with walk-in cooler and bar, plus a 10-barrel brewing system including fermenters and brite tanks. High ceilings, roll-up doors, and ample natural light create an inviting atmosphere. The flexible floor plan allows for customization, and live…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$166k
Assessed land$17k
Assessed improvement$149k

Value estimate

· Oct 2026
$215k
$194k – $237k
Submarket $/SF estimate$1.13M
NOI build-up
Gross scheduled income$383k
Vacancy & credit loss−$53k
Operating expenses−$82k
NOI · 1,237,000.00% cap applied$247k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$189/SF
Submarket average, outlier-cleaned · 70 recorded sales of this use type
Observed band · Q1–Q3$91 – $297

Cap rate analysis

How does the asset earn?
1,237,000.00%
$247k 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 Office21.6
Law Firm21.4
Kitchen & Bath16.3

Location

3000 Royal St New Orleans, LA 70117
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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4213 Chartres, New Orleans, LA 70117-5312 $370,000 May 2025 9,384 SF
1031 Franklin, New Orleans, LA 70117 $550,000 Apr 2025 8,816 SF
1601 Franklin, New Orleans, LA 70117-7726 $525,000 Sep 2024 7,792 SF
3400 Burgundy, New Orleans, LA 70117-6234 $525,000 Aug 2024 6,688 SF
4535 Rampart, New Orleans, LA 70117-4745 $1,300,000 Oct 2023 11,830 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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