Property profile

1402 Jefferson Ave New Orleans, LA 70115

OFF-MARKET
Apartment buildings
Property ID
US36-0503406
9,388 SF 0.17 ac lot Built 1920
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1920
Construction TYPE NOT SPECIFIED
Total area 9,388 SF
Lot 0.17 ac (7,200 SF)
APN 614224603
UPID US36-0503406

Cap rate & NOI

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

Location

1402 Jefferson Ave New Orleans, LA 70115-4119
New Orleans metro Census 11600 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
$457k
Blend (final) Blend
$750k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $1.3M +16.5%
Auto repair, garage $1.1M +2.6%
Medical building $1.1M +1.3%

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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