Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    800 Cmn Stcu3 New Orleans, LA 70112-2321

    • Office Properties & Spaces
    • 97.00 lot acres
    OFF-MARKET
    Value Estimations
    $275,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-1107442
    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.

    Current Use by Public Records

    • The Maritime / Apartment Building
    • Dream Suites Corporate Solutions / Executive Suite Rental Agency / Furnished Apartment Building
    • Bruce Keyes Photo / Photo Shop
    • Gulfwater / Real Estate Agency
    • Loftin Group, LLC / Consultant

    Property Details for 800 Cmn Stcu3

    Lot size
    97.00 lot acres
    Property type
    Office Properties & Spaces
    APN
    105101774
    APU
    105101774

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $275,000

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -90.0713
    Latitude
    29.9527
    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
    $580
    $47,870
    $48,450
    -
    $5,800
    $319,100
    $324,900

    Comparable in this City

    • Value Estimation
      $235,000
      0.01 Acres

      921 Canal St, Unit WHEQ

      CONDOMINIUM OFFICES • 0.01 Acres
      921 Canal St, New Orleans, LA 70112-2503
      View Details
    • Value Estimation
      $275,000
      97.00 Acres

      800 Cmn Stcu4

      CONDOMINIUM OFFICES • 97.00 Acres
      800 Cmn Stcu4, New Orleans, LA 70112-2321
      View Details
    • Value Estimation
      $405,000
      23,786 SF

      210 Baronne St

      CONDOMINIUM OFFICES • 23,786 SF
      210 Baronne St, New Orleans, LA 70112-1742
      View Details
    • Value Estimation
      $235,000
      7,568 SF

      921 Canal St, Unit SA

      CONDOMINIUM OFFICES • 7,568 SF
      921 Canal St, New Orleans, LA 70112-2503
      View Details
    • Value Estimation
      $280,000
      97.00 Acres

      800 Cmn Stcu2

      CONDOMINIUM OFFICES • 97.00 Acres
      800 Cmn Stcu2, New Orleans, LA 70112-2321
      View Details
    • Value Estimation by Request
      0.24 Acres

      222 Loyola Ave

      CONDOMINIUM OFFICES • 0.24 Acres
      222 Loyola Ave, New Orleans, LA 70112-2002
      View Details

    Similar Nearby for Sale

    • $625,000
      2,059 SF

      CBD Ground-Floor Office Space

      Prime CBD office space with modern renovations and accessibility features.
      821 Perdido St, New Orleans, LA 70112
      View Details
    • $4,500,000
      0.34 Acres

      French Quarter Development Land

      Prime 0.34-acre commercial lot.
      524 Rampart St, New Orleans, LA 70112
      View Details
    • Contact for pricing
      28,943 SF

      New Orleans Hotel Redevelopment

      Historic Gus Mayer Building, prime location.
      800 Canal St, New Orleans, LA 70112
      View Details
    • $250,000
      1,900 SF

      CBD Corner Lot Near Quarter

      Prime vacant land in New Orleans CBD, close to French Quarter.
      1500 Cleveland Ave, New Orleans, LA 70112
      View Details
    • $1,725,000
      8,212 SF

      CBD Hospitality Investment Opportunity

      New Orleans Mixed-Use Property, $1.725M
      213 Baronne St, New Orleans, LA 70112
      View Details
    • $250,000
      1,900 SF

      CBD Corner Lot Near Quarter

      Prime commercial corner lot in New Orleans' Central Business District.
      1500 Cleveland Ave, New Orleans, LA 70112
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      2,000 SF

      Hard Corner Ground Fl. Retail Space at Sonesta Hotel in CBD

      Retail properties
      212 Loyola Ave, New Orleans, LA 70112
      View Details
    • $20 SF/Yr
      4,894 SF

      NO BioDistrict Commercial Gem

      Modern Office & Retail Space in New Orleans
      2000 Tulane Ave, New Orleans, LA 70112
      View Details
    • $15 SF/Yr
      1,297 SF

      Prime New Orleans Office Space

      1,297 SF Office, Gravier St. Location
      837 Gravier St, New Orleans, LA 70112
      View Details
    • $17 SF/Yr
      500,001 SF

      Prime New Orleans Office Space

      Class A Office, 18 Suites Available
      1615 Poydras St, New Orleans, LA 70112
      View Details
    • $13 SF/Yr
      16,000 SF

      Prime New Orleans Office Space

      16,000 SF Office, Downtown Location
      222 Baronne St, New Orleans, LA 70112
      View Details
    • $17 SF/Yr
      6,830 SF

      Downtown New Orleans Office Space

      Iconic building, prime location, multiple tenants.
      812 Gravier St, New Orleans, LA 70112
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    800 Cmn Stcu3
    New Orleans, LA 70112-2321
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.