Property profile

7611 Maple St New Orleans, LA 70118

FOR LEASE
Office buildings
Property ID
US36-0540336
13,551 SF 0.22 ac lot Built 1900
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional opportunity presents two available executive office spaces totaling 1,450 square feet within a charming retail and office building situated on historic Maple Street in Orleans Parish. The property offers a flexible layout with varying unit sizes and lease terms, catering to diverse office or retail needs. Currently, the entire 1,450 square feet is vacant and immediately available for lease. Each of the two available spaces offers a move-in ready condition, eliminating the need for extensive renovations or improvements. The building's prime location on Maple Street provides excellent visibility and accessibility, making it an ideal location for businesses seeking a prestigious address. The multiple tenancy structure allows for a diverse range of businesses to coexist, fostering a vibrant and collaborative environment. This property is perfect for businesses seeking a blend of convenience, character, and professional appeal. The available space is well-suited for a variety of uses, from small professional offices to boutique retail establishments. Interested parties are encouraged to inquire about specific unit sizes and lease terms to find the perfect fit for their business needs. This is a rare opportunity to secure prime commercial space in a highly desirable location. Don't miss out on this chance to establish your business in a thriving and historic neighborhood.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 13,551 SF
Lot 0.22 ac (9,480 SF)
APN 716107002
UPID US36-0540336

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Counselor Mental Health Service
  • Psychotherapist
  • Counselor
  • Nail Salon

Location

7611 Maple St New Orleans, LA 70118
New Orleans metro Census 12600 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$2.26M

Owner & transaction history

since 2021
Last sale
$2.7M
3 recorded transactions
2021
$2.7M
2018
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.6M +42.1%
Retail stores $2.0M +11.3%

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
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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
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