$3,750/Mo 6,000 SF available

3401 Tulane Ave, New Orleans, LA 70119
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This exceptional three-story, 10,830 square foot mixed-use building is situated on a 4,356 square foot lot at the highly visible intersection of Tulane Avenue and Norman C. Francis Parkway in New Orleans' Mid-City neighborhood. The property, originally constructed in the 1940s, boasts a prime location along a major corridor connecting the Central Business District and BioMedical District to Metairie, offering excellent accessibility and high visibility. Its strategic position is further…

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$78k

Assessed land$9k

Assessed improvement$69k

Value estimate

· Oct 2026

$445k

$401k – $490k

NOI build-up

Gross scheduled income$138k

Vacancy & credit loss−$3k

Operating expenses−$41k

NOI · 2,528.88% cap applied$95k

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?

2,528.88%

$95k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

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: Garden Center

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Garden Center10.2

Tailor Shop9.7

Locksmith9.6

3401 Tulane Ave New Orleans, LA 70119

County assessor Recorded deeds · 1 transfer 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

Address Sale price Sold Size

3316 Conti, New Orleans, LA 70119-5304 $647,999 Jul 2025 8,112 SF

1465 Broad, New Orleans, LA 70119-2382 $700,000 Oct 2024 6,856 SF

2930 Canal, New Orleans, LA 70119-6367 $2,500,000 Sep 2023 16,212 SF

3026 Canal, New Orleans, LA 70119 $1,492,000 Dec 2021 19,423 SF

1639 Gentilly, New Orleans, LA 70119-2161 $675,000 Dec 2021 5,036 SF

3321 Tulane, New Orleans, LA 70119-7139 $825,000 Sep 2021 5,712 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

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Value Estimation
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Try Rey

Ask anything about this address in plain English.

“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”

3401 Tulane Ave New Orleans, LA 70119

Property summary