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    Property profile & analytics

    118 2nd St Boutte, LA 70039-3542

    • Warehouses
    • 775 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Location Intelligence
    Property ID
    US36-1576632
    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

    • Warehouses

    Property Details for 118 2nd St

    Year built
    1968
    Lot size
    0.57 lot acres
    Property size
    775 SF
    Property type
    Warehouses
    APN
    -4- 515 001 00009
    APU
    451500100009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $235,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $215,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $245,000
      Mixed-Use
      $210,000
      Hospitality
      $240,000
      Educational
      $195,000
      Residential Income
      $265,000
      Energy
      $260,000
      Income-Based Land
      $230,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Boutte
    County
    Saint Charles
    State
    Louisiana
    Longitude
    -90.4078
    Latitude
    29.8924
    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
    2023
    $3,281
    $5,850
    $23,536
    $29,386
    -
    $58,500
    $156,906
    $215,406

    Comparable in this City

    • Value Estimation
      $260,000
      3,750 SF

      13135 Hwy 90

      WAREHOUSE, STORAGE • 3,750 SF
      13135 Hwy 90, Boutte, LA 70039-3001
      View Details
    • Value Estimation
      $515,000
      12,346 SF

      321 Magnolia Ave

      WAREHOUSE, STORAGE • 12,346 SF
      321 Magnolia Ave, Boutte, LA 70039-3137
      View Details
    • Value Estimation by Request
      3,462 SF

      14246 Hwy 90

      WAREHOUSE, STORAGE • 3,462 SF
      14246 Hwy 90, Boutte, LA 70039-3516
      View Details
    • Value Estimation
      $350,000
      6,000 SF

      14031 Hwy 90

      WAREHOUSE, STORAGE • 6,000 SF
      14031 Hwy 90, Boutte, LA 70039-3511
      View Details
    • Value Estimation by Request
      2,880 SF

      1708 Paul Maillard Rd

      WAREHOUSE, STORAGE • 2,880 SF
      1708 Paul Maillard Rd, Boutte, LA 70039-3300
      View Details
    • Value Estimation by Request
      1,200 SF

      385 Magnolia Rdg Rd

      WAREHOUSE, STORAGE • 1,200 SF
      385 Magnolia Rdg Rd, Boutte, LA 70039-3218
      View Details

    Similar Nearby for Sale

    • $35,000
      0.11 Acres

      Vacant Corner Lot in Boutte

      Corner lot ready for new home construction in Boutte, Louisiana.
      184 Boutte Estates Dr, Boutte, LA 70039
      View Details
    • $1,401,283
      10.65 Acres

      Prime Commercial Land, Boutte, LA

      10+ Acres, Hwy 90, Ready to Build
      14600 Us-90, Boutte, LA 70039
      View Details
    • Contact for pricing

      Prime Boutte Commercial Land Lease

      High-traffic location, ideal for business.
      13278 Hwy 90 Hwy, Boutte, LA 70039
      View Details
    • $1,401,283

      Land Available on Highway 90

      Land for sale located at 14600 Hwy 90, Boutte, LA.
      14600 Highway 90, Boutte, LA 70039
      View Details

    Similar Nearby for Lease

    • $1,185 /Mo
      950 SF

      Retail Space in Busy Center

      950 SF retail space in high-traffic shopping center.
      13322 Hwy 90 Hwy, Boutte, LA 70039
      View Details
    • $850 /Mo

      Vacant Land For Lease

      Land for lease on Highway 90 in Boutte, LA.
      13270 Hwy 90 Hwy, Boutte, LA 70039
      View Details
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    118 2nd St
    Boutte, LA 70039-3542
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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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