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    Property profile & analytics

    116 Pierce St New Orleans, LA 70119

    • Bed & breakfasts
    • 6,763 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 20, 2021
    $150
    Location Intelligence
    Property ID
    US36-0726662
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Challenger Gray & Christmas / Employment Agency / Professional Services

    Property Details for 116 Pierce St

    Year built
    1896
    Lot size
    0.16 lot acres
    Property size
    6,763 SF
    Property type
    Bed & breakfasts
    APN
    105304207
    APU
    105304207

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -90.0997
    Latitude
    29.9732
    CBSA code
    35380
    CBSA name
    NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $10,630
    $30,490
    $41,120
    -
    $106,300
    $304,900
    $411,200

    Comparable in this City

    • Value Estimation by Request
      4,616 SF

      2216 Esplanade Ave

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      View Details
    • Value Estimation
      $220,000
      3,182 SF

      2232 Esplanade Ave

      BED & BREAKFAST • 3,182 SF
      2232 Esplanade Ave, New Orleans, LA 70119-2606
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    • Value Estimation by Request
      4,874 SF

      2624 Ursulines Ave

      BED & BREAKFAST • 4,874 SF
      2624 Ursulines Ave, New Orleans, LA 70119-3436
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    • Value Estimation
      $505,000
      8,729 SF

      4333 Canal St

      BED & BREAKFAST • 8,729 SF
      4333 Canal St, New Orleans, LA 70119-5944
      View Details
    • Value Estimation by Request
      4,386 SF

      300 Norman C Francis Pkwy

      BED & BREAKFAST • 4,386 SF
      300 Norman C Francis Pkwy, New Orleans, LA 70119-6232
      View Details
    • Value Estimation
      $1,340,000
      6,265 SF

      2552 Saint Philip St

      BED & BREAKFAST • 6,265 SF
      2552 Saint Philip St, New Orleans, LA 70119-3428
      View Details

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    116 Pierce St
    New Orleans, LA 70119
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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.

    More about this property
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