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Property profile & analytics
OFF-MARKET
Banks

5400 Magazine St New Orleans, LA 70115

0.09 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US36-0656499
Property summary
AI-generated overview

This exceptional new development at 5400 Magazine Street, New Orleans, LA 70115, presents a unique opportunity for businesses seeking a prime location. The property, a Class A building with a HU-B1 zoning designation and APN 614123007, offers 2,540 square feet of versatile retail space on the ground floor, ideal for a variety of uses. Upstairs, additional office space provides flexibility and expansion potential. Eleven covered parking spaces ensure convenient access for customers and employees. Situated at the high-traffic intersection of Magazine Street and Jefferson Avenue, this single-tenant property benefits from exceptional visibility and accessibility. Its proximity to Whole Foods Market further enhances its desirability. The building boasts two stories and is part of a vibrant, culturally rich neighborhood. Estimated delivery is Q1 2025. This is a rare chance to establish a business in a coveted New Orleans location. The Orleans Parish property offers a blend of modern convenience and historic charm, making it an ideal investment for discerning entrepreneurs.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Lot 0.09 ac (3,870 SF)
APN 614123006
UPID US36-0656499
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Boutique Jefferson LLC · 1 yrs held
Boutique Jefferson LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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