Technical
Financial
Distress signals
Property profile

1502 Elysian Flds Ave New Orleans, LA 70117

OFF-MARKET
Residential income homes
Property ID
US36-2539633
6,120 SF 0.1 ac lot Built 1920
Entity Owned 6-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group BOARDING/ROOMING HOUSE
Year built 1920
Construction WOOD FRAME
Total area 6,120 SF
Lot 0.1 ac (4,352 SF)
APN 37W107413
UPID US36-2539633

Cap rate & NOI

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

Location

1502 Elysian Flds Ave New Orleans, LA 70117-8253
New Orleans metro Census 2700 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
$889k
Blend (final) Blend
$645k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $905,000 +26.7%
Office building $815,000 +13.8%
Auto repair, garage $715,000 +0.3%

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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