Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    (504) 605-4400
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

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

    Listings

    For Sale (34)

    View map
    Residential Lot in New Orleans
    Contact for pricing
    0.13 Acres

    Residential Lot in New Orleans

    Vacant lot in established New Orleans East neighborhood.

    4700 Longfellow Dr, New Orleans, LA 70127
    View details
    Carrollton Avenue Mixed-Use Property
    $549,000
    3,527 SF

    Carrollton Avenue Mixed-Use Property

    Commercial/residential property in vibrant Carrollton Ave area.

    1516 S Carrollton Ave, New Orleans, LA 70118
    View details
    Development Opportunity Near Canal Street
    $1,299,000
    0.75 Acres

    Development Opportunity Near Canal Street

    Large lot near Canal Street, ideal for development.

    1801-39 Iberville St, New Orleans, LA 70112
    View details
    New Orleans Income-Producing Duplex
    $185,000
    2,113 SF

    New Orleans Income-Producing Duplex

    Income-producing duplex in New Orleans, convenient location.

    14051-53 Wales St, New Orleans, LA 70128
    View details
    Carrollton Avenue Mixed-Use Opportunity
    $549,000
    0.09 Acres

    Carrollton Avenue Mixed-Use Opportunity

    Commercial/residential property in vibrant Carrollton Ave area.

    1516 S Carrollton Ave, New Orleans, LA 70118
    View details
    Land in Gated Community
    $135,000
    0.93 Acres

    Land in Gated Community

    Vacant land in a gated community near English Turn.

    62 Arbors Cir, New Orleans, LA 70131
    View details
    Victorian Multi-Family Home
    $1,399,000
    6,958 SF

    Victorian Multi-Family Home

    Meticulously maintained multi-family home with income potential in New Orleans.

    1925-29 Napoleon Ave, New Orleans, LA 70115
    View details
    Historic Mixed-Use Building, New Orleans
    $2,750,000
    13,622 SF

    Historic Mixed-Use Building, New Orleans

    Historic 1844 building in the Warehouse District with mixed-use potential.

    717 Camp St, New Orleans, LA 70130
    View details
    St. Roch Vacant Lot
    Contact for pricing

    St. Roch Vacant Lot

    Vacant lot in St. Roch neighborhood, near Marigny.

    2515 N Claiborne Ave, New Orleans, LA 70117
    View details
    Uptown Lot with Craftsman Double
    $450,000
    0.15 Acres

    Uptown Lot with Craftsman Double

    Large lot near Freret Street with renovation opportunity.

    2817 Upperline St, New Orleans, LA 70115
    View details
    Historic Triplex in Treme
    $265,000
    2,255 SF

    Historic Triplex in Treme

    Charming triplex in vibrant Treme neighborhood, near French Quarter.

    1915-1917 Bayou Rd, New Orleans, LA 70116
    View details
    New Orleans Mixed-Use Investment
    $1,650,000

    New Orleans Mixed-Use Investment

    Fully leased, cash-flowing property in Lower Garden District.

    825 Thalia St, New Orleans, LA 70130
    View details
    Two Shotgun Homes in Bayou St. John
    $325,000
    1,496 SF

    Two Shotgun Homes in Bayou St. John

    Two single homes with improvements in desirable New Orleans location.

    938 N Gayoso St, New Orleans, LA 70119
    View details
    New Orleans Mixed-Use Property
    $1,800,000

    New Orleans Mixed-Use Property

    Newly constructed mixed-use property in the Lower Garden District.

    938 Thalia St, New Orleans, LA 70130
    View details
    Corner Lot Redevelopment Opportunity
    $470,000

    Corner Lot Redevelopment Opportunity

    Prime corner lot on Frenchmen Street and St. Claude Avenue.

    2100 St. Claude Ave, New Orleans, LA 70116
    View details
    New Orleans Mixed-Use Property
    $1,800,000
    3,906 SF

    New Orleans Mixed-Use Property

    Newly constructed mixed-use property in the Lower Garden District.

    938 Thalia St, New Orleans, LA 70130
    View details
    New Orleans Multifamily Investment Opportunity
    $825,000
    5,655 SF

    New Orleans Multifamily Investment Opportunity

    Multifamily property near Tulane and Loyola Universities.

    710 Burdette St, New Orleans, LA 70118
    View details
    Vacant Land in Historic Area
    Contact for pricing
    0.09 Acres

    Vacant Land in Historic Area

    Cleared land ready for development in the Lower 9th Ward.

    1911 Alabo St, New Orleans, LA 70117
    View details
    Historic Esplanade Ridge Double For Sale
    $350,000
    3,836 SF

    Historic Esplanade Ridge Double For Sale

    Historic double on oversized lot in Esplanade Ridge neighborhood.

    2640-44 Ursulines Ave, New Orleans, LA 70119
    View details
    MULTI_FAMILY - New Orleans, LA
    $1,700,000
    3,317 SF

    MULTI_FAMILY - New Orleans, LA

    Mixed-use properties

    1310 Constance St, New Orleans, LA 70130
    View details
    Harvey, LA Vacant Land
    $120,000
    0.29 Acres

    Harvey, LA Vacant Land

    Cleared land in Harvey, LA, ready for development.

    Staten Ave, Harvey, LA 70058
    View details
    New Orleans Mixed-Use Asset
    $1,700,000

    New Orleans Mixed-Use Asset

    Newly constructed mixed-use property in the Lower Garden District.

    1310 Constance St, New Orleans, LA 70130
    View details
    Residential Corner Lot Opportunity
    Contact for pricing
    0.07 Acres

    Residential Corner Lot Opportunity

    Residential corner lot with potential for personal or rental property.

    5424 N Galvez St, New Orleans, LA 70117
    View details
    Lower Ninth Ward Opportunity
    $200,000
    0.26 Acres

    Lower Ninth Ward Opportunity

    Two properties in revitalizing Lower Ninth Ward, endless potential!

    5609-17 Marais St, New Orleans, LA 70117
    View details
    Turnkey Multifamily Property on Audubon
    $529,000
    3,315 SF

    Turnkey Multifamily Property on Audubon

    Renovated 3-unit property on Audubon Street, New Orleans.

    2908 Audubon St, New Orleans, LA 70125
    View details
    Historic French Quarter Mixed-Use Property
    $1,750,000

    Historic French Quarter Mixed-Use Property

    Four income-producing units in a prime French Quarter location.

    838 Chartres St, New Orleans, LA 70116
    View details
    Vacant Land in Harvey, LA
    $55,000

    Vacant Land in Harvey, LA

    Undeveloped land with utilities available in Harvey, Louisiana.

    29 And 30 St, Harvey, LA 70058
    View details
    Residential Lot in Covington, LA
    $90,000
    0.95 Acres

    Residential Lot in Covington, LA

    Large secluded lot for dream home in Covington, Louisiana.

    Kathleen Dr, Covington, LA 70433
    View details
    Large Uptown Development Opportunity
    $450,000
    0.30 Acres

    Large Uptown Development Opportunity

    Exceptional 0.303-acre parcel near Freret Street amenities and universities.

    2817-23 Upperline St, New Orleans, LA 70115
    View details
    New Orleans Mixed-Use Building
    $1,750,000

    New Orleans Mixed-Use Building

    Newly constructed, fully occupied mixed-use property in central location.

    1235 St Thomas, New Orleans, LA 70130
    View details
    University Area Multifamily Investment
    $1,350,000
    6,659 SF

    University Area Multifamily Investment

    Multi-family property near Tulane and Loyola Universities.

    2108 Broadway St, New Orleans, LA 70118
    View details
    Corner Lot Shotgun Double
    $199,000
    2,047 SF

    Corner Lot Shotgun Double

    Centrally located double near French Quarter with investment potential.

    937-939 North Claiborne Ave, New Orleans, LA 70116
    View details
    University Area Multifamily Investment
    $825,000
    5,655 SF

    University Area Multifamily Investment

    Multifamily property near Tulane and Loyola Universities.

    710 Burdette St, New Orleans, LA 70118
    View details
    Riverfront Land in Old Covington
    $949,000

    Riverfront Land in Old Covington

    Waterfront property with navigable frontage on the Bogue Falaya River.

    14 Riverbend Ln, Covington, LA 70433
    View details

    For Lease (4)

    View map
    Medical Office Sublease Opportunity
    $1,800 / Mo
    1,765 SF

    Medical Office Sublease Opportunity

    Sublease medical office space with furniture, utilities, and WIFI included.

    3525 Prytania St, New Orleans, LA 70115
    View details
    Metairie Commercial Lot on Veterans
    $8,000 / Mo
    1,850 SF

    Metairie Commercial Lot on Veterans

    C2 zoned commercial lot with high visibility and accessibility.

    6525 Veterans Blvd, Metairie, LA 70003
    View details
    Retail Space on Royal Street
    $2,800 / Mo
    1,066 SF

    Retail Space on Royal Street

    Prime retail space in a historic New Orleans location.

    2330 Royal St, New Orleans, LA 70117
    View details
    Retail Space on Royal Street
    $3,000 / Mo
    1,066 SF

    Retail Space on Royal Street

    Retail space available for rent on Royal Street.

    2330 Royal St, New Orleans, LA 70117
    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
    McEnery Residential, LLC
    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
    McEnery Residential, LLC
    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

    Thank You for Inquiry
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!