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    624 Race St New Orleans, LA 70130

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    624 Race St New Orleans, LA 70130


    • Showrooms
    • 3,658 SF
    • 0.42 lot acres
    Mixed-Use Property with Secure Yard For Sale
    $510,000
    4,872 SF

    Mixed-Use Property with Secure Yard

    Mixed-use property featuring office, warehouse, and secure parking.

    624 Race St, New Orleans, LA 70130
    View Listing
    Property ID
    US36-1034752
    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

    • Wellness Water Filtration Systems / Home Appliance Store / Building Supply

    Property Details for 624 Race St

    Year built
    1900
    Lot size
    0.42 lot acres
    Property size
    3,658 SF
    Property type
    Showrooms
    APN
    101101312
    APU
    101101312

    Description

    This exceptional New Orleans mixed-use property, located at 624 Race St, offers a unique redevelopment opportunity. The 18,377 square foot lot features two buildings totaling 4,872 square feet: a 1,392 square foot office building and a 3,480 square foot warehouse. The office space includes three offices, a conference room, and three half-bathrooms. The warehouse is complemented by a secure, 18,377 square foot fenced, concrete-paved yard, accessible via electric key pad controlled gates, providing ample space for storage or outdoor operations. The property benefits from one loading dock and is situated in the HU-MU (Historic Urban Neighborhood Mixed-Use) zoning district. Renovated in 2021, this owner-user investment is ideally positioned near the burgeoning River District, a new mixed-use neighborhood developed on over 39 acres along the Mississippi River. The property's strategic location and versatile layout present significant potential for various commercial uses. The asking price is $1,600,000, translating to $328.41 per square foot. This single-story property presents a compelling investment opportunity in a rapidly growing area of New Orleans. The property is situated in Orleans Parish, Louisiana, zip code 70130.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $765,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -90.0674
    Latitude
    29.933
    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
    $36,750
    $27,380
    $64,130
    -
    $367,500
    $182,500
    $550,000
    View Listing
    More about this property
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