Property profile

7123 Forshey St New Orleans, LA 70125

FOR LEASE
Showrooms
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Property ID
US36-0684605
5,000 SF 0.6 ac Built 1960
Last sale Jan 2022·$640,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a warehouse configured for industrial use, featuring roll-up doors for loading and an attached or adjacent yard area intended to support truck and industrial operations. Multiple points of access connect the warehouse to the yard, allowing industrial-sized trucks to move through and operate within the site. The site is described as centrally located within the city for access to surrounding areas and is designated within an Opportunity Zone. Overall, the property’s functional…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$89k
Assessed land$13k
Assessed improvement$76k

Value estimate

· Nov 2026
$405k
$365k – $446k
AI approach$430k
Submarket $/SF estimate$826k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI$37k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 236 recorded sales of this use type
Observed band · Q1–Q3$39 – $165
Qualifying comparables3

Cap rate analysis

How does the asset earn?
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORLEANS

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage18.0
Dental Office16.0
Realty agency15.3

Location

7123 Forshey St New Orleans, LA 70125
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3001 Jackson, New Orleans, LA 70125-3322 $500,000 Dec 2024 4,452 SF
4018 Eden, New Orleans, LA 70125-2925 $135,000 Mar 2023 4,581 SF
4344 Earhart, New Orleans, LA 70125-1352 $610,000 Jun 2022 4,976 SF
3025 Jackson, New Orleans, LA 70125-3322 $50,000 Feb 2022 5,676 SF
4305 Thalia, New Orleans, LA 70125-1839 $275,000 Oct 2020 5,084 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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