1001 Julia StNew Orleans, LA 70113

Property Details for 1001 Julia St

Construction

CONCRETE

Lot size

0.04 AC

Property size (Sq ft)

6,870 SF

Property type

Office properties

APN

103105514

APU

103105514

Description

This exceptional retail opportunity is located within The Standard at South Market, a vibrant mixed-use development in New Orleans' Uptown-Garden District submarket. The property boasts a total of 111,150 square feet across a single, twelve-story building (APN 41222424, zoned CBD-1). Three retail spaces are currently available, ranging from 1,138 to 3,170 square feet. Situated at 1001 Julia Street, this location benefits from high visibility and foot traffic due to its prime position within the bustling South Market District. The surrounding area is renowned for its mix of local boutiques, award-winning restaurants, and national retailers, creating a dynamic and attractive environment for businesses. The property's strategic location near major landmarks such as the Superdome, Smoothie King Center, and Champions Square ensures significant exposure to both locals and tourists. This is an unparalleled chance to establish a presence in one of New Orleans' most sought-after commercial districts. The building's ground floor retail spans O'Keefe Ave, Julia St, and S Rampart St, offering excellent street frontage and accessibility. Existing successful tenants include Willa Jean, The Daily Beet, Poke Loa, MayPop, Morrow's Steakhouse, District Donuts, Hype Haus, and Blanc Beauty Bar, further enhancing the area's appeal and desirability. This is a rare opportunity to join a thriving community in a high-traffic, high-visibility location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,089,455

  6.5%

  $1,005,651

  7%

  $933,818

• Comparable approach

  Method

  Valuation

  Relative Method

  $524,050

  Geo Method

  $488,388

• Alternative Use

  Use

  Valuation

  Residential

  $1,247,007

  Hospitality

  $1,142,252

  Educational

  $950,340

  Medical

  $983,024

  Retail

  $1,478,306

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

29.947

Longitude

-90.0757

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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