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    Property profile & analytics

    1535 Canal St New Orleans, LA 70112-2822

    • Apartment buildings
    • 1.84 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 27, 2022
    $120,000,000
    Location Intelligence
    Property ID
    US36-0595288
    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

    • MyPlace Fitness / Fitness Center
    • Canal 1535 / Apartment Rental Agency / Apartment Complex

    Property Details for 1535 Canal St

    Lot size
    1.84 lot acres
    Property type
    Apartment buildings
    APN
    206105307
    APU
    206105307

    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
    -90.076
    Latitude
    29.9587
    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
    $641,940
    $7,607,600
    $8,249,540
    -
    $6,419,400
    $76,075,980
    $82,495,380

    Comparable in this City

    • Value Estimation by Request
      3,680 SF

      527 Burgundy St

      APARTMENT HOUSE (5+ UNITS) • 3,680 SF
      527 Burgundy St, New Orleans, LA 70112-3448
      View Details
    • Value Estimation
      $380,000
      2,592 SF

      2009 Conti St

      APARTMENT HOUSE (5+ UNITS) • 2,592 SF
      2009 Conti St, New Orleans, LA 70112-3667
      View Details
    • Value Estimation
      $315,000
      10,280 SF

      308 Rampart St

      APARTMENT HOUSE (5+ UNITS) • 10,280 SF
      308 Rampart St, New Orleans, LA 70112-3106
      View Details
    • Value Estimation by Request
      2,340 SF

      1816 Iberville St

      APARTMENT HOUSE (5+ UNITS) • 2,340 SF
      1816 Iberville St, New Orleans, LA 70112-3329
      View Details
    • Value Estimation by Request
      4,770 SF

      438 Dauphine St

      APARTMENT HOUSE (5+ UNITS) • 4,770 SF
      438 Dauphine St, New Orleans, LA 70112-3471
      View Details
    • Value Estimation by Request
      38,160 SF

      2001 Canal St

      APARTMENT HOUSE (5+ UNITS) • 38,160 SF
      2001 Canal St, New Orleans, LA 70112-3017
      View Details

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    Similar Nearby for Lease

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      Iconic building, prime location, multiple tenants.
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    • $40 SF/Yr
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      Turn-Key Restaurant Space Available

      Turn-key restaurant space for lease in HI New Orleans Hostel.
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      View Details
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    1535 Canal St
    New Orleans, LA 70112-2822
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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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