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Financial
Distress signals
Property profile

240 Pelican Ave New Orleans, LA 70114

OFF-MARKET
Investment properties
Property ID
US36-0338106
7,596 SF 0.09 ac lot Built 1920
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address.
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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$46k
Assessed land$3k
Assessed improvement$43k

Value estimate

· Oct 2026
$715k
$644k – $787k
Submarket $/SF estimate$719k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 236 recorded sales of this use type
Observed band · Q1–Q3$39 – $165
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
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: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center10.3
Laundry Service10.1
Dry Cleaner9.7

Location

240 Pelican Ave New Orleans, LA 70114-2346
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
200 Pelican, New Orleans, LA 70114-2346 $320,000 Aug 2022 2,512 SF
337 Morgan, New Orleans, LA 70114-1011 $55,000 Nov 2021 3,926 SF
413 Opelousas, New Orleans, LA 70114-4327 $192,500 Nov 2021 4,492 SF
700 Leboeuf, New Orleans, LA 70114-2507 $126,667 Dec 2020 3,172 SF
1201 Teche, New Orleans, LA 70114-5739 $94,906 Sep 2020 2,820 SF
1800 Newton, New Orleans, LA 70114-2609 $83,333 Mar 2019 6,006 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
6 properties of the same type nearby
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