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    Property profile & analytics

    1661 Hwy 3125 Gramercy, LA 70052-3554

    • Office Properties & Spaces
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-1850286
    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

    • Office Properties & Spaces

    Property Details for 1661 Hwy 3125

    Year built
    1800
    Lot size
    0.28 lot acres
    Property type
    Office Properties & Spaces
    APN
    100031618
    APU
    100031618

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gramercy
    County
    Saint James
    State
    Louisiana
    Longitude
    -90.6977
    Latitude
    30.0631
    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
    $6,572
    $3,910
    $55,719
    $59,629
    -
    $39,100
    $371,462
    $410,562

    Comparable in this City

    • Value Estimation by Request
      892 SF

      323 Main St

      OFFICE (GENERAL) • 892 SF
      323 Main St, Gramercy, LA 70052-3121
      View Details
    • Value Estimation by Request
      0.05 Acres

      108 Ezidore Ave

      OFFICE (GENERAL) • 0.05 Acres
      108 Ezidore Ave, Gramercy, LA 70052-3102
      View Details
    • Value Estimation by Request
      1,931 SF

      230 Main St

      OFFICE (GENERAL) • 1,931 SF
      230 Main St, Gramercy, LA 70052
      View Details
    • Value Estimation by Request

      101 Millet Ave

      OFFICE (GENERAL)
      101 Millet Ave, Gramercy, LA 70052
      View Details
    • Value Estimation by Request
      5,040 SF

      705 Airline Hwy, Unit 61

      OFFICE (GENERAL) • 5,040 SF
      705 Airline Hwy, Gramercy, LA 70052-3519
      View Details
    • Value Estimation by Request
      4,413 SF

      1635 Hwy 3125

      OFFICE (GENERAL) • 4,413 SF
      1635 Hwy 3125, Gramercy, LA 70052
      View Details

    Similar Nearby for Sale

    • $525,000
      14,000 SF

      Gramercy Commercial Investment Opportunity

      Stable NNN Lease, High-Traffic Location
      310 Main St, Gramercy, LA 70052
      View Details
    • $499,000

      Gramercy Retail Investment Opportunity

      Single tenant NNN investment property with long-term tenancy history.
      310 E Main St, Gramercy, LA 70052
      View Details
    • $225,000
      1,502 SF

      Gramercy Commercial Building - Main St

      Move-in ready, renovated commercial space.
      224 Main St, Gramercy, LA 70052
      View Details
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    1661 Hwy 3125
    Gramercy, LA 70052-3554
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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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