Technical
Financial
Distress signals
Property profile

11020 Morrison Rd New Orleans, LA 70127

OFF-MARKET
Outlet malls
Property ID
US36-0720238
12,400 SF 1.4 ac lot Built 2010
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2010
Total area 12,400 SF
Lot 1.4 ac (60,871 SF)
APN 39W016442
UPID US36-0720238

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store
  • Bank Credit Union

Location

11020 Morrison Rd New Orleans, LA 70127-1823
New Orleans metro Census 1739 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $2.3M +27.7%
Apartment house (5+ units) $2.3M +22.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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