Financial
Distress signals
Property profile

8228 Oak St New Orleans, LA 70118

FOR SALE
Retail space
Property ID
US36-0512910
3,356 SF 0.1 ac lot Built 1900
Last sale Oct 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,500 square foot office space is ideally situated on the second floor of 8228 Oak Street in New Orleans, Louisiana. Classified as a Class B, single-tenant traditional office space within a two-story building, this property is zoned HU-MU and located in Orleans Parish (zip code 70118). Currently configured as a counseling office, the layout includes two private offices, a full bathroom, a fully equipped kitchen, and two private balconies. A large open area, currently used as…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$78k
Assessed land$9k
Assessed improvement$70k

Value estimate

· Sep 2026
$510k
$459k – $561k
CAP approach$640k
Submarket $/SF estimate$419k
NOI build-up
Gross scheduled income$64k
Vacancy & credit loss−$1k
Operating expenses−$19k
NOI · 3.80% cap applied$44k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$57 – $234

Cap rate analysis

How does the asset earn?
3.80%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORLEANS

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office20.3
Parking Facility15.4
Nail Salon12.2

Location

8228 Oak St New Orleans, LA 70118
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2137 Carrollton, New Orleans, LA 70118 $334,500 Mar 2023 4,013 SF
8840 Edinburgh, New Orleans, LA 70118-2410 $284,000 Jul 2021 2,462 SF
6050 Magazine, New Orleans, LA 70118-5824 $1,555,470 Jun 2021 2,700 SF
1124 Carrollton, New Orleans, LA 70118-2024 $948,125 May 2021 3,720 SF
8304 Oak, New Orleans, LA 70118 $407,000 May 2021 2,360 SF
1100 Carrollton, New Orleans, LA 70118-2024 $165,000 Aug 2019 2,856 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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