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    Property profile & analytics

    822 Rampart St New Orleans, LA 70116

    • Investment properties
    • 15,830 SF
    • 0.11 lot acres
    For Lease
    View listing
    $19 SF/Yr
    Value Estimation
    $385,000
    Last Sale
    Oct 16, 2023
    $460,000
    Location Intelligence
    Property ID
    US36-0735054
    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

    • Kellett Lumber / Building Materials Store

    Property Details for 822 Rampart St

    Year built
    1920
    Lot size
    0.11 lot acres
    Property size
    15,830 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    207103923
    APU
    207103923

    Description

    This exceptional 3,082 square foot retail space, located at 822 N. Rampart Street in Orleans Parish, presents a unique investment opportunity. Situated on the ground floor of a 13,000 square foot building, this space is perfect for a variety of uses. The property is zoned VCC-2 (Vieux Carre Commercial District), allowing for flexibility in tenant selection. Currently available as a single, contiguous space, the unit is offered as a triple net (NNN) lease. The space is delivered as a white box shell, providing a blank canvas for a future tenant's build-out. Ideal uses include, but are not limited to, restaurants, art galleries, grocery stores, health clubs, office spaces, barber shops, nail salons, or other retail establishments. The owner is willing to negotiate tenant improvements (TI's) for qualified tenants with strong credit and a long-term lease commitment. Additionally, the owner is open to considering offers for the sale of the entire property. This prime location in the vibrant Vieux Carre Commercial District offers exceptional visibility and foot traffic, making it an attractive proposition for a discerning business owner. The space's size and adaptability make it suitable for a wide range of businesses seeking a prominent location in a thriving area. Inquire today to learn more about this exciting opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $490,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $435,000
      Retail
      $480,000
      Mixed-Use
      $395,000
      Hospitality
      $455,000
      Educational
      $435,000
      Residential Income
      $405,000
      Energy
      $420,000
      Income-Based Land
      $450,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -90.067
    Latitude
    29.9616
    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
    $29,080
    $103,880
    $132,960
    -
    $290,800
    $891,700
    $1,182,500

    Comparable in this City

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      1500 Governor Nicholls St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,942 SF
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    • Value Estimation by Request
      4,445 SF

      1733 Rampart St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,445 SF
      1733 Rampart St, New Orleans, LA 70116
      View Details
    • Value Estimation by Request
      5,600 SF

      714 Rampart St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,600 SF
      714 Rampart St, New Orleans, LA 70116
      View Details
    • Value Estimation by Request
      2,994 SF

      1800 Rampart St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,994 SF
      1800 Rampart St, New Orleans, LA 70116-1935
      View Details

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    822 Rampart St
    New Orleans, LA 70116
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    Realmo Value Estimation

    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.

    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.

    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
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