Financial
Distress signals
Property profile

3317 Chartres St New Orleans, LA 70117

FOR LEASE
Showrooms
Property ID
US36-0064634
28,030 SF 1 ac lot Built 1950
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A creative office building in New Orleans' Bywater neighborhood presents a unique investment opportunity. The property, known as Turn Services Offices, comprises two interconnected buildings totaling 18,464 square feet, situated on a substantial 0.996-acre L-shaped lot. Originally constructed around 1908 as a warehouse and later a molasses cannery, the buildings underwent extensive renovations in 2013, transforming them into a modern office space. The property boasts…

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.

Mortgages

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$234k
Assessed land$87k
Assessed improvement$147k

Value estimate

· Sep 2026
$370k
$333k – $407k
Submarket $/SF estimate$2.81M
NOI build-up
Gross scheduled income$421k
Vacancy & credit loss−$58k
Operating expenses−$91k
NOI · 27,216.30% cap applied$272k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$88/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$34 – $139

Cap rate analysis

How does the asset earn?
27,216.30%
$272k 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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.3
Dental Office14.9
Kitchen & Bath14.9

Location

3317 Chartres St New Orleans, LA 70117
County assessor Recorded deeds · not on file 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
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
1435 Japonica, New Orleans, LA 70117-4608 $2,050,000 Nov 2024 47,953 SF
2800 Johnson, New Orleans, LA 70117-6916 $2,000,000 Jul 2024 39,244 SF
2941 Royal, New Orleans, LA 70117-7361 $3,000,000 Jan 2024 55,120 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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