Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    HomeSmart Realty South

    145 W. Harrison Ave, Suite B, New Orleans, LA 70124
    (504) 908-5037
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Residential Multi Family
    • Commercial Lease
    • Commercial Sale

    Listings

    For Sale (55)

    View map
    Income-Producing Duplex in Algiers
    $215,000
    1,582 SF

    Income-Producing Duplex in Algiers

    Income-producing 4-bedroom duplex with original wood floors and fenced yard.

    1133-35 Belleville St, New Orleans, LA 70114
    View details
    Vacant Land Near Lake
    $339,000

    Vacant Land Near Lake

    Cleared land ready for building a dream home near the lake.

    Avron Blvd, Metairie, LA 70006
    View details
    Waterfront Lots on Highway 1
    $120,000

    Waterfront Lots on Highway 1

    Three lots with wharf and pilings ready for new camp/home.

    261 2A, Grand Isle, LA 70358
    View details
    Residential Land in Waggaman, LA
    $69,500
    0.46 Acres

    Residential Land in Waggaman, LA

    Large lot suitable for building a dream home.

    10117 N Kelly Ln, Waggaman, LA 70094
    View details
    New Orleans Duplex For Sale
    $284,900
    2,010 SF

    New Orleans Duplex For Sale

    Shotgun Camelback style duplex in East Broadmoor area.

    3902 Louisiana Avenue Pkwy, New Orleans, LA 70125
    View details
    Mid-City Duplex with Historic Charm
    $475,000
    3,928 SF

    Mid-City Duplex with Historic Charm

    Well-maintained New Orleans duplex with income potential in Mid-City.

    227 S Gayoso St, New Orleans, LA 70119
    View details
    Gated Land in Historic Subdivision
    $129,900
    3.31 Acres

    Gated Land in Historic Subdivision

    Build your dream home on this private, historic 3.314-acre lot.

    210 Mattingly Ln, Madisonville, LA 70447
    View details
    New Orleans Duplex For Sale
    $356,250
    2,380 SF

    New Orleans Duplex For Sale

    Townhome-style duplex with fenced yards and storage sheds.

    6274-6276 Bellaire Dr, New Orleans, LA 70124
    View details
    Slidell Land for Residential Development
    $70,000
    2.12 Acres

    Slidell Land for Residential Development

    2.12 acres of land in a prime Slidell location.

    Smith Rd, Slidell, LA 70461
    View details
    Lakeview Duplex with Carport
    $356,250
    2,380 SF

    Lakeview Duplex with Carport

    Duplex in Lakeview with carport, storage, and fenced backyard.

    6262-6264 Bellaire Dr, New Orleans, LA 70124
    View details
    St. Roch Duplex Opportunity
    $290,000
    2,175 SF

    St. Roch Duplex Opportunity

    Duplex in St. Roch neighborhood, investment or owner-occupied potential.

    1936-1938 Franklin Ave, New Orleans, LA 70117
    View details
    Residential Lot in Lexington Place
    $35,000
    0.11 Acres

    Residential Lot in Lexington Place

    Vacant lot for new home construction in Meraux, Louisiana.

    4416 Anais St, Meraux, LA 70075
    View details
    Uptown New Orleans Historic Duplex
    $385,000
    1,996 SF

    Uptown New Orleans Historic Duplex

    Stunning duplex in Uptown, ideal for owner-occupancy or investment.

    2625 Calhoun St, New Orleans, LA 70118
    View details
    Vacant Lot For Residential Development
    $35,000

    Vacant Lot For Residential Development

    Vacant lot available for building a dream home.

    1220 S Gayoso St, New Orleans, LA 70125
    View details
    Oversized Lot in Waggaman, LA
    $65,000
    0.46 Acres

    Oversized Lot in Waggaman, LA

    Residential land for building a dream home in Waggaman.

    62 N Kelly Ln, Waggaman, LA 70094
    View details
    Boothville Apartment Complex For Sale
    $199,000
    7,776 SF

    Boothville Apartment Complex For Sale

    Nine-unit apartment complex in Boothville, ready for interior completion.

    39900 Highway 23, Boothville, LA 70038
    View details
    New Orleans Duplex For Sale
    $356,250
    2,380 SF

    New Orleans Duplex For Sale

    Townhome-style duplex with recent upgrades and tenant in place.

    6270-6272 Bellaire Dr, New Orleans, LA 70124
    View details
    Residential Land in Gated Community
    $110,000
    0.23 Acres

    Residential Land in Gated Community

    Vacant lot in Belle Chasse gated community with amenities.

    114 Deer Field Dr, Belle Chasse, LA 70037
    View details
    Residential Lot in New Orleans
    Contact for pricing
    0.08 Acres

    Residential Lot in New Orleans

    Residential lot in flood zone X, great investment opportunity.

    1811 Flood St, New Orleans, LA 70117
    View details
    Marrero Triplex Investment Opportunity
    $335,000
    2,713 SF

    Marrero Triplex Investment Opportunity

    Triplex on corner lot with potential for rental income.

    530 Urbandale St, Marrero, LA 70072
    View details
    Renovated New Orleans Duplex Investment
    $219,000
    1,776 SF

    Renovated New Orleans Duplex Investment

    Renovated shotgun-style duplex, ideal for investors or owner-occupants.

    7016 Fig St, New Orleans, LA 70125
    View details
    Townhome Style Duplex in New Orleans
    $356,250
    2,380 SF

    Townhome Style Duplex in New Orleans

    Duplex with fenced yards and storage in New Orleans.

    6266-6268 Bellaire Dr, New Orleans, LA 70124
    View details
    20 Acres Vacant Land
    $369,000
    20.00 Acres

    20 Acres Vacant Land

    Approximately 20 acres of vacant land in Belle Chasse, LA.

    199 W Oak Grove Ln, Belle Chasse, LA 70037
    View details
    Vacant Homesite in Plaquemine, LA
    Contact for pricing
    0.11 Acres

    Vacant Homesite in Plaquemine, LA

    Cleared 4,800 sq ft lot ready for construction.

    23415 Gauthier St, Plaquemine, LA 70764
    View details
    Metairie Land Near the Lake
    $275,000

    Metairie Land Near the Lake

    Residential lot in established Metairie neighborhood, near the lake.

    5212 Purdue Dr, Metairie, LA 70003
    View details
    Gretna Mixed-Use Commercial Building
    $595,000
    3,554 SF

    Gretna Mixed-Use Commercial Building

    Mixed-use building in Gretna with residential unit and parking.

    728 Lafayette St, Gretna, LA 70053
    View details
    Vacant Land in Franklinton, LA
    $35,000
    2.11 Acres

    Vacant Land in Franklinton, LA

    2.11 acre vacant land for sale in Franklinton, Louisiana.

    8 9Th Ave, Franklinton, LA 70438
    View details
    Gretna Land For Sale
    $59,900

    Gretna Land For Sale

    Land in Gretna, convenient to schools and shopping.

    2608 Hero Dr, Gretna, LA 70053
    View details
    Charming Duplex in City Park
    $495,000
    2,730 SF

    Charming Duplex in City Park

    Move-in ready duplex near City Park with rental potential.

    4301 Saint Ann St, New Orleans, LA 70119
    View details
    Slidell Commercial Land For Sale
    $739,000
    2.46 Acres

    Slidell Commercial Land For Sale

    2.46 acre commercial property with high visibility in Slidell.

    950 Robert Blvd, Slidell, LA 70458
    View details
    Vacant Land in Bywater
    $250,000

    Vacant Land in Bywater

    Commercial land in Bywater neighborhood, New Orleans. Many opportunities!

    634 Independence St, New Orleans, LA 70117
    View details
    Residential Land in Prime Location
    $249,000
    0.32 Acres

    Residential Land in Prime Location

    Corner lot near the lake, ideal for building a home.

    250 Wilkinson Dr, Mandeville, LA 70448
    View details
    Renovated Bywater Income-Producing Double
    $625,000
    2,400 SF

    Renovated Bywater Income-Producing Double

    Turnkey New Orleans duplex, renovated in 2020, income-producing.

    1039-41 Poland Ave, New Orleans, LA 70117
    View details
    Residential Land in Gated Community
    $74,900
    30,010 SF

    Residential Land in Gated Community

    Vacant lot in gated community, build your dream home.

    14 Arbor Cir, New Orleans, LA 70131
    View details
    Land Lots in Mandeville, LA
    $65,000

    Land Lots in Mandeville, LA

    Six residential land lots for sale in Mandeville, Louisiana.

    532 Lane St, Mandeville, LA 70448
    View details
    Residential Lot in Thriving Neighborhood
    $33,500
    0.07 Acres

    Residential Lot in Thriving Neighborhood

    Vacant land in New Orleans, ideal for development or building.

    2917 1St St, New Orleans, LA 70113
    View details
    Residential Lot in New Orleans
    Contact for pricing
    0.08 Acres

    Residential Lot in New Orleans

    Residential lot for new construction in New Orleans, LA.

    2439 Forstall St, New Orleans, LA 70117
    View details
    Waterfront Land in Port Sulphur
    $75,000
    0.17 Acres

    Waterfront Land in Port Sulphur

    Spacious waterfront lot ready for your dream home.

    698 Martin Ln, Port Sulphur, LA 70083
    View details
    Land in Grand Bayou
    $34,500
    1.00 Acre

    Land in Grand Bayou

    Vacant waterfront lot in a quaint fishing village.

    Grand Bayou Way, Port Sulphur, LA 70083
    View details
    Residential Lot in New Orleans
    Contact for pricing
    0.10 Acres

    Residential Lot in New Orleans

    Residential lot in flood zone X, great investment opportunity.

    5010 N Johnson St, New Orleans, LA 70117
    View details
    Gretna Vacant Land Opportunity
    $75,900

    Gretna Vacant Land Opportunity

    Vacant lot in Gretna to build your own home.

    18 Mary Ann Pl, Gretna, LA 70053
    View details
    Residential Lot in New Orleans
    Contact for pricing
    0.06 Acres

    Residential Lot in New Orleans

    Residential lot in New Orleans, build your dream home!

    1906 Forstall St, New Orleans, LA 70117
    View details
    Residential Land in Marrero, LA
    $43,000

    Residential Land in Marrero, LA

    Spacious lot ready for construction with utilities available.

    1308 Silver Lilly Ln, Marrero, LA 70072
    View details
    Residential Lot in Marrero, LA
    $40,000

    Residential Lot in Marrero, LA

    Residential lot available in Lincolnshire, Marrero, Louisiana.

    2073 Lincolnshire Dr, Marrero, LA 70072
    View details
    Broadmoor Triplex with Parking
    $239,000
    3,864 SF

    Broadmoor Triplex with Parking

    Corner lot triplex in New Orleans with parking.

    4001 Elba St, New Orleans, LA 70125
    View details
    Residential Land in Slidell, LA
    Contact for pricing

    Residential Land in Slidell, LA

    Land perfect for building a dream home near amenities.

    Laurent Rd, Slidell, LA 70460
    View details
    Waterfront Land on Irish Bayou
    $39,900

    Waterfront Land on Irish Bayou

    Waterfront lot with access to Lake Pontchartrain and Gulf.

    57178 Ridgeway Blvd Lot Pt, New Orleans, LA 70129
    View details
    Historic Uptown New Orleans Residence
    $1,925,000
    6,024 SF

    Historic Uptown New Orleans Residence

    Elegant 6-bedroom home with income potential near Audubon Park.

    839 Pine St, New Orleans, LA 70118
    View details
    Lakeview Duplex Near Levee
    $356,250
    2,380 SF

    Lakeview Duplex Near Levee

    Duplex in great location with leases in place.

    6258-6260 Bellaire Dr, New Orleans, LA 70124
    View details
    Corner Lots Near Airport
    $569,000

    Corner Lots Near Airport

    Commercial zoned vacant land near the airport in Kenner, Louisiana.

    Veterans Memorial Blvd, Kenner, LA 70062
    View details
    New Orleans Multi-Family Property
    $315,000
    1,800 SF

    New Orleans Multi-Family Property

    Multi-family property in New Orleans with renovation potential.

    2457 Jasmine St, New Orleans, LA 70122
    View details
    Townhome Style Duplex For Sale
    $356,250
    2,380 SF

    Townhome Style Duplex For Sale

    Townhome style duplex with fenced backyards and storage sheds.

    6274-6276 Bellaire Dr, New Orleans, LA 70124
    View details
    Uptown Historic District Double
    $385,000
    1,996 SF

    Uptown Historic District Double

    Double in uptown historic district, suitable for owner occupancy.

    2625-27 Calhoun St, New Orleans, LA 70118
    View details
    Land in Gretna's Park Rose
    $59,900

    Land in Gretna's Park Rose

    Lot in Gretna, convenient to schools and shopping.

    2608 Hero Dr, Gretna, LA 70053
    View details
    Vacant Lot For Sale
    $85,000

    Vacant Lot For Sale

    Vacant lot available for building, zoned HU-RD2.

    2922 Audubon St, New Orleans, LA 70125
    View details

    For Lease (2)

    View map
    Metairie Office Space Available Now
    $790 / Mo
    485 SF

    Metairie Office Space Available Now

    Office space for rent in a convenient Metairie location.

    3333 W Napoleon Ave, Metairie, LA 70001
    View details
    Move-in Ready Slidell Office Space
    $1,250 / Mo
    1,216 SF

    Move-in Ready Slidell Office Space

    Prime Slidell location, professional complex, convenient access, ample parking.

    1349 Corporate Square Dr, Slidell, LA 70458
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    HomeSmart Realty South
    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.
    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
    HomeSmart Realty South
    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.
    Sign Up Successful!
    You now have access to more from Realmo!