Property profile

1901 Leonidas St New Orleans, LA 70118

OFF-MARKET
Investment properties
Property ID
US36-0585255
4,274 SF 0.11 ac lot Built 1940
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1940
Total area 4,274 SF
Lot 0.11 ac (5,000 SF)
APN 716302509
UPID US36-0585255

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Medical Clinic

Location

1901 Leonidas St New Orleans, LA 70118-1577
New Orleans metro Census 13000 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
$620k
Blend (final) Blend
$530k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $635,000 +43.1%
Office building $570,000 +28.6%
Auto repair, garage $500,000 +13.2%

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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