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Property profile & analytics

4815 Magazine St New Orleans, LA 70115-1662

  • Investment properties
  • 5,880 SF
  • 0.27 lot acres
OFF-MARKET
Last Sale
Sep 20, 2021
Value Estimations
$675,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US36-0124614
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.

Current Use by Public Records

  • The Look / Hair Salon / Nail Salon
  • hillfolk / (Bike/Boat/Book/etc) Store
  • THROWBACK SNACKS AND MORE LLC / Food And Beverage Exporter
  • Cravings / Restaurant

Property Details for 4815 Magazine St

Year built
1960
Construction
FRAME
Lot size
0.27 lot acres
Property size
5,880 SF
Property type
Investment properties
Property subtype
Live-work space
APN
614201710
APU
614201710

Description

This exceptional 276 sq. ft. commercial property, located at 4815 Magazine Street in New Orleans, Louisiana, 70115, presents a unique investment opportunity in a thriving Uptown neighborhood. The single-tenant space is currently occupied and boasts a highly desirable location near popular restaurants and businesses, ensuring high visibility and foot traffic. The building is a two-story structure with no elevator. The property features a functional layout including an open area, a bathroom, and a storage closet, providing flexibility for various business types. A roll-up security door enhances convenience and security. The zoning is HU-B1. This versatile space is perfect for retail, service-based businesses, or office use, offering a chance to establish a presence on one of New Orleans' most sought-after commercial streets. The cross street is Lyons Street. The property's prime location and adaptable layout make it an attractive option for entrepreneurs seeking a vibrant and accessible business environment. This is a single-building property with a traditional office subtype.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,055,000
    Current use
    RESTAURANT
    $1,110,000
    Change: +6% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
New Orleans
County
Orleans
State
Louisiana
Longitude
-90.1066
Latitude
29.9207
CBSA code
35380
CBSA name
NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$40,740
$52,210
$92,950
-
$407,400
$474,600
$882,000
More about this property
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