Financial
Distress signals
Property profile

2616 Touro St New Orleans, LA 70119

OFF-MARKET
Retail space
Property ID
US36-0225820
2,800 SF 0.09 ac lot Built 1940
Last sale Jul 2024 · $160,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 2616 Touro Street in New Orleans is a commercial building configured as a retail space that has been fully gutted to studs. The structure is framed and set for vertical plumb, with core building services already roughed in, including infrastructure provisions for four bathrooms and a designated kitchen area. The building was historically used as a grocery store and washerteria, and it is laid out to allow retail use with comparatively limited additional build-out from the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$10k
Assessed land$3k
Assessed improvement$7k

Value estimate

· Sep 2026
$160k
$144k – $176k
AI approach$160k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$57 – $234

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.9
Realty agency20.3
Dental Office15.4

Location

2616 Touro St New Orleans, LA 70119-1226
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3604 Tulane, New Orleans, LA 70119-7048 $560,000 Apr 2025 3,382 SF
2400 Gravier, New Orleans, LA 70119-7526 $580,000 Apr 2024 2,678 SF
1019 Broad, New Orleans, LA 70119-4212 $425,000 Sep 2023 3,520 SF
4701 Carrollton, New Orleans, LA 70119-6026 $331,000 Mar 2023 2,960 SF
4241 Toulouse, New Orleans, LA 70119-4619 $200,000 Mar 2023 2,520 SF
4023 Banks, New Orleans, LA 70119-6809 $90,000 Apr 2022 2,700 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
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