$249,000 5,922 SF

2334 Martin Luther King Jr Blvd, New Orleans, LA 70113
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?

Assessed value · 2023$35k

Assessed land$2k

Assessed improvement$32k

Value estimate

· Oct 2026

$540k

$486k – $594k

Submarket $/SF estimate$548k

NOI build-up

Gross scheduled income$107k

Vacancy & credit loss−$2k

Operating expenses−$31k

NOI · 29.37% cap applied$73k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$148/SF

Submarket average, outlier-cleaned · 126 recorded sales of this use type

Observed band · Q1–Q3$57 – $234

Cap rate analysis

How does the asset earn?

29.37%

$73k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORLEANS

Location intelligence

Which uses thrive at this corner?

Best fit: Locksmith

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Locksmith9.6

Kitchen & Bath8.7

Plumbing Service8.6

2334 Martin Luther King Jr Blvd New Orleans, LA 70113

County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby

Address Sale price Sold Size

2066 Jackson, New Orleans, LA 70113 $120,000 Nov 2024 2,702 SF

1216 Magnolia, New Orleans, LA 70113 $153,000 Nov 2024 3,445 SF

1802 Magnolia, New Orleans, LA 70113-2954 $40,000 Aug 2024 6,723 SF

2333 Clio, New Orleans, LA 70113 $543,000 Mar 2023 12,108 SF

2702 Felicity, New Orleans, LA 70113-2953 $227,900 Jan 2022 3,380 SF

2501 Danneel, New Orleans, LA 70113 $225,000 Jan 2021 4,350 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$445,000

4,756 SF

1401 Baronne St

SHOW ROOM, WAREHOUSE

1401 Baronne St, New Orleans, LA 70113-1207

View Details
Value Estimation
$225,000

4,289 SF

1615 Oretha Castle Haley Blvd

RETAIL STORES (PERSONAL SERVICES)

1615 Oretha Castle Haley Blvd, New Orleans, LA 70113

View Details
Value Estimation
$260,000

4,160 SF

2611 Washington Ave

RETAIL STORES (PERSONAL SERVICES)

2611 Washington Ave, New Orleans, LA 70113-2606

View Details
Value Estimation
$195,000

4,080 SF

1929 Julia St

SHOW ROOM, WAREHOUSE

1929 Julia St, New Orleans, LA 70113

View Details
Value Estimation
$520,000

4,046 SF

2238 Martin Luther King Jr Blvd

GROCERY, SUPERMARKET

2238 Martin Luther King Jr Blvd, New Orleans, LA 70113-2318

View Details
Value Estimation
$195,000

3,380 SF

2702 Felicity St

RETAIL STORES (PERSONAL SERVICES)

2702 Felicity St, New Orleans, LA 70113-2953

View Details

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2334 Martin Luther King Jr Blvd New Orleans, LA 70113