Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    4037 Tchoupitoulas St New Orleans, LA 70115

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4037 Tchoupitoulas St New Orleans, LA 70115

    View on Map
    • Coworking space
    Off-Market
    Property ID
    US36-2533227
    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

    • Coworking space

    Property Details for 4037 Tchoupitoulas St

    Property type
    Coworking space

    Description

    This exceptional two-story commercial building presents a fantastic leasing opportunity in the vibrant Uptown New Orleans neighborhood. Located on a 3,600 square foot corner lot at the intersection of Tchoupitoulas Street and Marengo, this property boasts excellent visibility and accessibility. The building itself offers a total of 2,864 square feet of recently renovated space, divided into a spacious 1,856 square foot first floor and a 1,008 square foot second floor. Natural light floods the flexible interior, creating a bright and inviting atmosphere. The property includes the significant advantage of gated off-street parking, a rare find in this desirable location. The HU-MU (Historic Urban Neighborhood Mixed Use) zoning designation provides versatility for a wide range of commercial uses, making this an ideal space for businesses seeking a prominent Uptown presence. Situated on a bustling stretch of Tchoupitoulas Street, between Napoleon and Louisiana Avenues, this property is perfectly positioned to benefit from the ongoing revitalization of the area. The building's attractive curb appeal and convenient location make it an exceptional opportunity for businesses seeking a high-profile space in a thriving neighborhood. This single-tenant building offers a unique blend of functionality, style, and location, making it a truly remarkable commercial property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.09737197
    Latitude
    29.91746753

    Comparable in this City

    • $5,000 /Mo
      2,868 SF

      Renovated Corner Building Retail/Office Space

      Spacious ground floor unit in Uptown Arts District.
      3901 Baronne St, New Orleans, LA 70115
      View Details
    • Contact for pricing

      Magazine Street Retail Opportunity

      Premier shopping center with flexible retail spaces for lease.
      2801 Magazine St, New Orleans, LA 70115
      View Details
    • Contact for pricing

      Uptown New Orleans Commercial Space

      Centrally located commercial space suitable for office, retail, or restaurant.
      4618 Dryades St, New Orleans, LA 70115
      View Details
    • $30 SF/Yr
      14,583 SF

      Prime Medical Office Condos

      Orleans Parish: Lease or Buy
      3525 Prytania St, New Orleans, LA 70115
      View Details
    • Contact for pricing

      Uptown New Orleans Land Opportunity

      Land suitable for medical office building development near Ochsner Baptist.
      4429 Willow St, New Orleans, LA 70115
      View Details
    • Contact for pricing

      Medical Building Near Ochsner Baptist

      Class-A medical office building with planned improvements and amenities.
      2633 Napoleon Ave, New Orleans, LA 70115
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,474 SF

      Uptown Commercial Building For Sale

      Free-standing commercial building near Magazine Street and Nashville Avenue.
      731 Nashville Ave, New Orleans, LA 70115
      View Details
    • $729,000
      2,169 SF

      Magazine Street Commercial Jewel Box

      Freestanding commercial property on a high-profile corner in Uptown New Orleans.
      4332 Magazine St, New Orleans, LA 70115
      View Details
    • $749,000
      3,896 SF

      Uptown New Orleans Mixed-Use Property

      Versatile corner property near Freret Street with income potential.
      2600-02 General Pershing St, New Orleans, LA 70115
      View Details
    • Contact for pricing
      2,176 SF

      Medical Office Condo For Sale

      Medical/Professional office condo in Touro Medical Office Building.
      3525 Prytania St, New Orleans, LA 70115
      View Details
    • $595,000
      2,501 SF

      Renovated Commercial Property in New Orleans

      Commercial property with office space, renovated, furnished, and conveniently located.
      5513 Tchoupitoulas St, New Orleans, LA 70115
      View Details
    • Contact for pricing
      911 SF

      Medical Office Condo For Sale

      Medical/Professional office condo for sale in Touro Medical Building.
      3525 Prytania St, New Orleans, LA 70115
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      2,868 SF

      Renovated Corner Building Retail/Office Space

      Spacious ground floor unit in Uptown Arts District.
      3901 Baronne St, New Orleans, LA 70115
      View Details
    • Contact for pricing

      Magazine Street Retail Opportunity

      Premier shopping center with flexible retail spaces for lease.
      2801 Magazine St, New Orleans, LA 70115
      View Details
    • Contact for pricing

      Uptown New Orleans Commercial Space

      Centrally located commercial space suitable for office, retail, or restaurant.
      4618 Dryades St, New Orleans, LA 70115
      View Details
    • $22 SF/Yr

      Uptown New Orleans Historic Office

      Charming office space near Touro Hospital with modern amenities.
      1328 Aline St, New Orleans, LA 70115
      View Details
    • $1,800 /Mo
      1,765 SF

      Medical Office Sublease Opportunity

      Sublease medical office space with furniture, utilities, and WIFI included.
      3525 Prytania St, New Orleans, LA 70115
      View Details
    • $30 SF/Yr
      14,583 SF

      Prime Medical Office Condos

      Orleans Parish: Lease or Buy
      3525 Prytania St, New Orleans, LA 70115
      View Details
    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.
    4037 Tchoupitoulas St
    New Orleans, LA 70115
    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

    4037 Tchoupitoulas St, New Orleans, LA, 70115

    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!