You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

635 S Peters St New Orleans, LA 70130

Showrooms Google Maps
10,473 SF 0.73 ac lot Built 1930
Entity Owned Free & Clear
Estimated value (blended)
$235k
Range $212k – $259k (±10%)
Property ID US36-0765282

Property summary

AI-generated overview

This exceptional 28,870-square-foot development site is ideally situated in New Orleans' vibrant Warehouse District. Located at 635 S. Peters St, this property offers a unique opportunity for a variety of projects. The U-shaped site encompasses existing one-story warehouses and a parking lot on Girod Street, and is situated just blocks from the renovated Caesars New Orleans and the Ernest N. Morial Convention Center. The site's proximity to these key landmarks provides excellent visibility and accessibility. The Warehouse District's rich history, dating back to the 1840s, has evolved into a thriving mix of commercial, residential, arts, dining, and shopping establishments. This revitalized neighborhood offers a highly desirable location for development. The property is well-suited for hospitality, multi-family, or mixed-use projects, capitalizing on the area's strong demand and growth potential. The site's size and configuration provide ample space for creative and ambitious development plans. This is a rare chance to acquire a significant parcel in a rapidly developing and sought-after area of New Orleans. The property includes a parking lot and existing warehouses. The Ironworks building adjacent to the site is not included in this offering. This is a single-tenancy property.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1930
Total area 10,473 SF
Lot 0.73 ac (32,015 SF)
APN 103101916
UPID US36-0765282

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2023
Price N/A
2020
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $2.5M +11.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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