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    Brokers
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    • Brokers

    Phillip Lobman, New Orleans, LA

    License ID: 995697923
    Years of Experience
    3
    Association
    New Orleans Metropolitan Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (504) 400-9791
    Office Address:
    8601 Leake Ave, Leake Ave, New Orleans, LA 70118

    Property Types

    • Commercial Lease
    • Residential Multi Family

    Performance

    Listings
    1
    Total transactions
    37
    Total transactions amount
    $13M
    Price range
    $246k - 554k
    Average price
    $351k

    Listings

    For Lease (1)

    View map
    • $1,400 /Mo
      1,370 SF

      River Ridge Office Space Available

      Professional office space in Elmwood Office Park for lease.
      1524 Edwards Ave, River Ridge, LA 70123
      View Details

    Leases and Sales on Map

    • For Lease

    Properties for sale

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    Phillip Lobman, New Orleans, LA
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    Realmo Value Estimation

    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.

    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.

    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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    Phillip Lobman, New Orleans, LA
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