RENTED NOV 1, 2024

312 Royal St New Orleans, LA 70130

French Quarter Neighborhood
-- Bed
1 Bath
4,411 Sq Ft
2,091 Sq Ft Lot

Highlights

  • Balcony
  • 5-minute walk to Canal And Chartres/Camp
  • Central Heating and Cooling System
  • Two cooling system units
  • Home Security System
  • 2-minute walk to Musical Legends Park

About This Home

As of November 2024

Ideal commercial property located on one of the best blocks of Royal Street in the New Orleans French Quarter! Offering an updated 1st floor commercial space including ~1,314 sq. ft. with ample storage space + excellent street visibility to the bustling foot traffic of this area. The 2nd-4th floor levels are not updated and currently vacant/previously set up as residential, including ~3,097 sq. ft. which can be used as storage as opposed to renovating per choice of tenant. Second floor balcony over Royal Street. Triple Net lease with tenant responsible for property taxes, insurance & maintenance. Total square footage across all floors is ~4,411 sq. ft. Quinntesential French Quarter location for anyone seeking a prime commercial investment opportunity!

Last Agent to Rent the Property

Michael Wilkinson

FQR Realtors License #000001640 Listed on: 09/25/2024

Last Renter's Agent

Michael Wilkinson

FQR Realtors License #000001640 Listed on: 09/25/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $17,945

Year Built

  • Built in 1834

Lot Details

  • Lot Dimensions are 22x95
  • Rectangular Lot
  • Property is in very good condition
  • The community has rules related to zoning restrictions
  • Zoning described as VCC-2

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4,411 Sq Ft Home
  • 4-Story Property
  • Home Security System

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Additional Features

  • Balcony
  • City Lot

Listing and Financial Details

  • Security Deposit $11,500
  • Tenant pays for all utilities, insurance, janitorial service, taxes
  • Tax Lot 5
  • Assessor Parcel Number 206102612

Property Details

Property Type

Other

Est. Annual Taxes

$17,945

Year Built

Built in 1834

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Insurance, Janitorial Service, Taxes
  • Security Deposit: 11500.0

Listing Details

  • Property Sub Type: Office
  • Prop. Type: Commercial Lease
  • Lot Size: 22X95
  • Year Built: 1834
  • Property Sub Type Additional: Office,Retail,Other
  • Special Features: None

Interior Features

  • Living Area: 4411.0
  • Stories: 4

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Very Good Condition

Garage/Parking

  • Parking Features: None

Utilities

  • Security: Security System
  • Cooling: Central Air, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 206102612
  • Zoning Description: VCC-2
  • Zoning: VCC-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Leasable Area: 4411.0

Tax Info

  • Tax Lot: 5

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $15,000 +30.4% --
10/30/2024 10/30/24 Under Contract -- -- --
09/25/2024 09/25/24 For Rent $11,500 +15.0% --
08/13/2023 08/13/23 Rented $10,000 -13.0% --
08/08/2023 08/08/23 Under Contract -- -- --
01/05/2023 01/05/23 For Rent $11,500 -- --
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,945 $135,960 $14,630 $121,330
2024 $18,217 $135,960 $14,630 $121,330
2023 $15,398 $114,720 $14,630 $100,090
2022 $15,398 $109,430 $14,630 $94,800
2021 $14,743 $102,420 $14,630 $87,790
2020 $14,016 $96,410 $14,630 $81,780
2019 $14,566 $96,410 $14,630 $81,780
2018 $14,855 $96,410 $14,630 $81,780
2017 $10,880 $73,950 $12,540 $61,410
2016 $11,224 $73,950 $12,540 $61,410
2015 $10,994 $73,950 $12,540 $61,410
2014 -- $91,610 $12,540 $79,070
2013 -- $91,610 $12,540 $79,070
Source: Public Records

Agents Affiliated with this Home

  • Michael Wilkinson

    Landlord's Agent in 2024

    Michael Wilkinson

    FQR Realtors

    (504) 491-0484

    43 in this area

    62 Total Sales

    Michael Wilkinson
    Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 2468962

APN: 2-06-1-026-12

Louisiana Orleans Parish New Orleans 70130 French Quarter

312 Royal St, New Orleans, LA

This home is located at 312 Royal St, New Orleans, LA 70130 since 25 September 2024. This property was built in 1834. 312 Royal St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Mary Bethune Elementary School, and Homer A. Plessy Treme Community School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes