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    Bryce French, New Orleans, LA

    License ID: 0995690959
    Max J Derbes Inc Commercial
    Association
    New Orleans Metropolitan Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (504) 733-4555
    Office Address:
    5440 Mounes St Ste 100, New Orleans, LA, 70123

    Performance

    Listings
    15

    Listings

    For Sale (10)

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    • Contact for pricing

      Industrial Property For Sale

      Industrial property available for sale in Houston, Texas.
      13603 Industrial Rd, Houston, TX 77015
      View Details
    • $1,316,500
      11,931 SF

      Gause Boulevard Retail Opportunity

      Retail property with excellent access and visibility on Gause Boulevard.
      1035 Gause Blvd W, Slidell, LA 70460
      View Details
    • $1,015,600
      10,156 SF

      Kentwood NAPA Auto Parts Store

      NAPA Auto Parts store with excellent access and visibility.
      717 Avenue G, Kentwood, LA 70444
      View Details
    • Contact for pricing

      Marigny District Land For Sale

      Land in historic Marigny, near French Quarter, ideal investment.
      1124 Esplanade Ave, New Orleans, LA 70116
      View Details
    • Contact for pricing
      21,344 SF

      Uptown Land Near Ochsner Baptist

      Land suitable for medical office building development near Ochsner.
      4429 Willow St, New Orleans, LA 70115
      View Details
    • Contact for pricing
      43,278 SF

      Waterfront Industrial Site on Bayou

      31.05 acre industrial site with 2,220 lf waterfrontage.
      115 Menard Rd, Houma, LA 70363
      View Details
    • $10,100,000
      8,450,640 SF

      Willow Bend Terminal: Prime Industrial Site

      Riverfront Manufacturing/Warehouse, $10.1M
      Mile 141.5 Bank Riv, LaPlace, LA 70068
      View Details
    • Contact for pricing
      66,763 SF

      Mississippi Riverfront Industrial Land

      387 acres with dock, rail, warehouse, and laydown yard.
      3607 English Turn Rd, Braithwaite, LA 70040
      View Details
    • Contact for pricing

      Riverfront Development Land Available

      Up to 234 acres of riverfront development land available.
      2605 La-75, Saint Gabriel, LA 70776
      View Details
    • Contact for pricing
      8,655 SF

      Renovated Office Building with Parking

      Historic New Orleans office building with unparalleled finishes and amenities.
      1240 Camp St, New Orleans, LA 70130
      View Details

    For Lease (5)

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    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease in New Iberia, Louisiana.
      4401 N Curtis Ln, New Iberia, LA 70560
      View Details
    • Contact for pricing

      Riverfront Industrial Land for Lease

      Deep water site with rail and pipeline access for lease.
      Mile 141.5 West Bank Riv, Laplace, LA 70068
      View Details
    • Contact for pricing

      Uptown New Orleans Land Opportunity

      Land suitable for medical office building development near Ochsner Baptist.
      4429 Willow St, New Orleans, LA 70115
      View Details
    • Contact for pricing

      Riverfront Development Land Available

      Up to 234 acres of riverfront development land for lease.
      2605 La-75, Saint Gabriel, LA 70776
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease in Braithwaite, Louisiana.
      3607 English Turn Rd, Braithwaite, LA 70040
      View Details

    Leases and Sales on Map

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    • For Lease

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    Bryce French, New Orleans, LA
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    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.

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