731 Nashville Ave New Orleans, LA 70115
For Sale
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This exceptional Uptown New Orleans commercial property, located at 731 Nashville Avenue, presents a unique investment opportunity. The single-story, 2,170 square foot building sits on a 0.12-acre lot (approximately 43' x 120', measurements to be verified) and is zoned HU-B1, allowing for diverse uses. Currently configured as executive or medical office space, the building features two off-street parking spaces and a backyard with potential for expansion. An unfinished attic area adds bonus square footage. The property's strategic location, just one lot from the bustling intersection of Magazine Street and Nashville Avenue, offers high visibility and accessibility. Note that the adjacent property at 5724 Magazine Street is also available for purchase, presenting a potential for a larger assemblage and redevelopment of this prime corner location. The asking price is $759,500, translating to $350 per square foot. Showings require 24-hour notice and are preferably scheduled after 4:00 PM to avoid disturbing the current tenant. This is a Class B building with a single tenancy.
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Uptown Veterinary Hospital Veterinary Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.