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Property profile & analytics
FOR SALE
Grocery and convenience stores

601 N Rocheblave St New Orleans, LA 70119

1,560 SF 0.04 ac lot Built 1950
Individually Owned 6-yr Hold Free & Clear
Property ID
US36-0631482
Property summary
AI-generated overview

This exceptional 1,560-square-foot retail property at 601 N Rocheblave St in New Orleans, Louisiana, is now available for $175,000. The single-story, freestanding building sits on a 0.04-acre lot and boasts approximately 89 feet of prominent corner frontage, ensuring high visibility along the Lafitte Greenway. Currently operating as a convenience store, this property offers significant potential for a variety of retail uses. Its convenient location provides easy access to major thoroughfares, including North Broad Street (approximately 1 minute away), North Claiborne Avenue (approximately 2 minutes away), and Interstate 10 (approximately 4-5 minutes away). The New Orleans Central Business District is only about 6 minutes away. The property is zoned HU-MU (Historic Urban Neighborhood Mixed-Use District), a designation that supports high-density, pedestrian-friendly development while maintaining compatibility with the surrounding residential areas. This zoning allows for a range of uses, making it an ideal location for businesses seeking to thrive in a vibrant, historic neighborhood setting. The property's APN is 207109401. The building is located in Orleans Parish, Louisiana, zip code 70119. This is a single-tenant property with one building.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1950
Total area 1,560 SF
Lot 0.04 ac (1,740 SF)
APN 207109401
UPID US36-0631482
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
Current use
Occupant on record · Public records
  • Rocheblave Food Store Grocery & Convenience Store
  • LibertyX Bitcoin ATM Atm
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
Ryan A Saleh · 6 yrs held
Ryan A Saleh
since 2019
1 recorded transaction
2019
$48,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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