Financial
Distress signals
Property profile

401 Decatur St New Orleans, LA 70130

FOR SALE
Retail space
Property ID
US36-0544162
7,560 SF 0.07 ac lot Built 1850
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.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of three interconnecting, elevator-serviced buildings located at 401 Decatur Street in the French Quarter, together with 505 and 507 Conti Street. It is configured for mixed use, featuring retail space at the street level and residential apartment space on the upper floors; the second-floor area is suitable for retail use. The buildings are situated on the 400 block of Decatur Street and have a combined total floor area of 9,424 square feet. The property is positioned on a

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$90k
Assessed land$22k
Assessed improvement$67k

Value estimate

· Sep 2026
$690k
$621k – $759k
Submarket $/SF estimate$861k
NOI build-up
Gross scheduled income$250k
Vacancy & credit loss−$25k
Operating expenses−$84k
NOI · 4.53% cap applied$140k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$57 – $234

Cap rate analysis

How does the asset earn?
4.53%
$140k 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: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center12.2
Auto Parts Store11.7
Home Appliance Store11.0

Location

401 Decatur St New Orleans, LA 70130
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
2739 Tchoupitoulas, New Orleans, LA 70130 $2,225,000 Jul 2022 6,097 SF
1530 Saint Charles, New Orleans, LA 70130 $2,700,000 Mar 2021 9,300 SF
1240 Cp, New Orleans, LA 70130-4204 $2,200,000 Jan 2020 8,520 SF
705 Cp, New Orleans, LA 70130-3701 $1,485,000 Sep 2019 8,714 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
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?”
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